AGO 0.00% 4.5¢ atlas iron limited

Why I have a feeling that this company is being dressed up for...

  1. jtp
    212 Posts.
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    Why I have a feeling that this company is being dressed up for take over or being sold. The CEO already resigned (Looks like a graceful exit after he brokered support from supplier and bank by issuing shares to them) Liabilities are down with lots of cash. Looks like a take over target to me. The only way the supplier/bank can get their money back quickly with possible windfall is to sell this company. Any thoughts?
    Last edited by jtp: 04/08/16
 
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Currently unlisted public company.

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