AGO 0.00% 4.5¢ atlas iron limited

Destroying Iron Ore Industry, page-20

  1. 10,824 Posts.
    Same at Westfield Carousel, yes, veggie place owned by Hong Kong Chinese right next to Coles, another one right next to Woollies. But there's another issue - how much do you think they pay the workers ? They're actually undercutting Coles and Woolworths by running tighter margins and selling larger volumes per square metre.

    If Atlas could undercut BHP and RIO in a similar way there would be no problems for them.
 
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