Ann: Change in substantial holding, page-20

I can’t help but think it is a spots on the board these larger holders want. I don’t think they believe it is possible to take the company over. If so there may be several more rises in bids from both Gina and twiggy and maybe a third (unsure who).

If twiggy and Gina work it out, with their new BOD placements they will still make the company profitable and in turn be making money through their share ownership. They may work some thing out like Fmg rail and ago pays rental they may come up with things unseen out of left field, maybe they will slow producing saying it isn’t profitable to help with their main companies.

Atlas iron can and will be profitable in the right hands. I don’t see Gina taking this over I don’t really see that influx of holders selling like you see it rowliegb, to many people have bought a lot higher than the 4.2c, to many people still see value in the company and a lot of the debt holders have disappeared Time will tell.