AGO
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0.00% 4.5¢ atlas iron limited

"ago wants too offload 70% of ridely,"AGO wants to sell a large...

  1. juggernauts
    646 Posts.
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    04/02/09
    19:00
    Post #: 4761457
    "ago wants too offload 70% of ridely,"

    AGO wants to sell a large portion or all of Ridley. Although they've previously stated holding an approx 30% stake, times have a changed

    I wouldnt be suprised to see them sell 100% and stick to what they know best, being basic DSO operations.

    the points raised by Blythe on the economics and debt markets are reasons why I believe this is likely.
    AGO Price at posting: $1.15 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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