AGO
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0.00% 4.5¢ atlas iron limited

Ann: Notice of Variation of Offer - Extension of offer period, page-14

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  1. graywolf
    2,103 Posts.
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    03/08/18
    20:16
    Post #: 34715632
    Everything depends on the extent to which Redstone/HPPL wants to own AGO outright (i.e. delist/take it private), and the urgency of that desire.

    If it does, and urgently, then clearly the offer has to be increased, if only to get Twiggy/FMG to sell. If Redstone/HPPL is happy to operate AGO as a public company, at least for a while, then anything could happen, all presumably to the benefit of AGO holders. I do not see any downside.

    Jeeze, I need that drink now, it's been a long few weeks. OAO

    GW
    Last edited by graywolf: 03/08/18
    AGO Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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