AGO
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0.00% 4.5¢ atlas iron limited

ago grim outlook if spot prices continue fall

  1. stevo123
    207 Posts.
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    05/09/12
    15:06
    Post #: 10674287
    Today's low 1.145 , last time it hit this level was March 2009, infact the price then was around $1.20's ..
    The all time lows was .405 late 2008.
    At these prices if you believe news reports AGO is one of the mid tier iron ore miners underwater, losing money at the current spot prices.....If the current volatility persists who knows what the next low will be.....CAUTION!
    AGO Price at posting: $1.20 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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