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4.5¢ atlas iron limited

Ann: Suspension from Official Quotation, page-11

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yurts

814 Posts.

48

21/11/18

17:39

Post #: 36591729
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Originally posted by Samboy69: ↑

4.6c
what a joke.
Its worth 29c to Gina (maths posted before).

She didnt change her mind this time and FMG didnt fight for their strategic asset very well at all so we will find out next year what the quid pro quo was from FMG as I doubt $5M profit was the reason to sell AGO paper scrip.

The poisonous yankee bond debt is what killed this once great startup miner worth $2B as the dilution allowed a suitor to scoop it up cheap.

To all those who paid well over 5c even over $1, its commiserations
To all those who lost Millions in this only to see Gina get the whole lot, its a very sad day for WA investors and a great day for Gina.

We remaining holders can bank our pittances for a free christmas month and then next year our super is gone for good and we can avoid investing in shares as its clear that only the super rich make wealth out of shares not us formerly cash rich plebs.

To Gina, she has proven she has more balls than twiggy, Ellison & those yankee bondholders combined.

The fat lady is singing...
All the way to the Bank
The rich get richer and the poor get poorer,
merry christmas, from the grinch!

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"Its worth 29c to Gina"

Maybe, who knows. But unfortunately it was not worth more than 4.6c to anyone else, that includes Atlas shareholders.

AGO Price at posting: 4.5¢ Sentiment: None Disclosure: Not Held
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