I haven't yet listened to the conference call, but if Ellison made such responses then that's absolutely fantastic.
He is obviously wanting to talk Atlas down, but when he says silly and laughable things like that then it's a clear sign to me that he knows he has to pay more than 3 cents.
But, realistically speaking... if he was minded to pay up to 3.7c as per broker valuations, then what sort of a negotiator would he be if he started with his final price?
I don't do that when I go to buy a car or a house, so one can't really begrudge him trying to pay as little as possible (if he can get away with it...LOL)
We just need to sit tight and not cave and I'm quietly confident that in the end we'll get a much fairer price than 3c.
We have fun days ahead, so I'm trying to enjoy the ride!
AGO Price at posting:
2.8¢ Sentiment: None Disclosure: Held