AGO 0.00% 4.5¢ atlas iron limited

ASX300 re-rating Friday . . drum roll, page-41

  1. 15,448 Posts.
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    The way I look at it RC is that anything over 625 yuan / $90 USD is a positive ... of course I would much prefer to see it stabilize between 670-700 yuan but if it hovered around 650 for a few months then I would not be worried ? IMO

    AGO should start to rise next week for a few reasons :

    1. Chart analysts posts on here / green candles etc
    2. Lead up to Monday 20th when indexes are updated
    3. Basic Fundamentals
    4. Another AGO Announcement (this one is a wishful thinking point from me) ... hehe

    I also believe that selloff has stopped by the big debt holders at present as some have exited and some have sold down to a 'free carry' position after recouping $$

    I see many positives for AGO in the next 45-50 days including in addition to the above; a debt repayment announcement; March quarterly report
 
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