AGO 0.00% 4.5¢ atlas iron limited

Ann: Change in substantial holding, page-20

  1. 558 Posts.
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    A few months ago you were saying Hancock would be lucky to get much above 30% and how this was good. Now they have over 75% and this is also good, it is a huge change in reasoning to get exactly the same positive opinion. When I stated at the start I thought they would get 55-60% at the end of the first offer period I was accused of being some sort of anti AGO downramper. They got 58% and then the uprampers said it was great but they wouldn't get 75%. Well here they are and it's still good. It's the inconsistency in reasoning to get to the same happy outcome.

    Someone even said they couldn't see a downside . In my opinion that is crazy, every stock has a potential downside and if you don't consider it then I don't think you should be investing.
 
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