AGO 0.00% 4.5¢ atlas iron limited

Ann: Financial Update, page-178

  1. 558 Posts.
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    You seem to interpret what is written according to how you want to Spin it rather than with any real intent to be honest. I would happily sell at 5c doesn't mean I think it is worth 5c. I Am out in July, it will either give me a nice profit or if the deal falls through probably a loss. I Am not interested in being a holder of MIN and unless there is a major change for AGO I do not want to be a longer term holder, quality and cost of transport concern me. My 12 months capital gain will apply and a new tax year. AGO was always a high risk small punt as the fun part of a larger dull portfolio.
    Talking about the price of transport to port (IE oil) is very relevant . like to consider all points of view and be informed rather than picking fault with anyone who doesn't share my point of view, I find life fairer that way.
    Anyway offer will go through so hopefully MIN will go up. Better offer would be nice. Best of luck to all I. Hope you get your valuations
 
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