AGO 0.00% 4.5¢ atlas iron limited

CAP Raising Application, page-28

  1. 2,903 Posts.
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    My average can be brought down to .47 by participating in this cap raising...........Would love to average down but a few points are stopping me.

    A cap raising that is not used for eliminating debt really concerns me

    Management are on too high a salary for what is happening. With K.B removed from Managing Director, his wage is absurd!

    If Iron ore prices tank again, I just can`t see this surviving.

    And last but definitely not least, Im so peeved off that we were promised a rail solution that has not been delivered.

    So, whilst tempting to average down and grab the free options, it`s a big fat NO THANKS to AGO management, as I have lost faith in them..........................
 
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