AGO 0.00% 4.5¢ atlas iron limited

Hancock offer arrived, page-67

  1. 558 Posts.
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    Let's see shall we. Majors will sell apart from FMG who may if they get some concession from Redstone. Hopefully FMG will counter bid but every day delayed makes this less likely. Most shareholders are not on this forum and the figures AGO United claim sound inflated to me. Redstone will get 60% without FMG.
    This is a reasonable offer considering the risk reward for Atlas. People have been spruiking high price for Atlas for a few years but in the absence of a takeover any rise has been short and sweet. These forums have been claiming 10c plus for ages but it is talk and talk is cheap. In absence of better offer I am out at end of month as most people who have realistic ideas will be. OK time for the overly optimistic to attack me now.... .
 
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