AGO 0.00% 4.5¢ atlas iron limited

Atlas Shrugged, page-8

  1. 628 Posts.
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    Regrettably there is no law per se - it's a matter of what comes out in the wash with administration. The Chinese haven't smashed the Fe price down - the big miners have ramped up supply regardless of underlying demand and very much regardless of "the competition". Only if a deal/takeover is against the best interests of Australia might the FIRB consider a NO response. I could hardly see any opposition to help AGO in this situation if it was forthcoming. It probably won't be forthcoming from this side of the water!!
 
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