AGO 0.00% 4.5¢ atlas iron limited

perhaps recent director (2 buying and 1 selling) indicates that...

  1. 156 Posts.
    perhaps recent director (2 buying and 1 selling) indicates that they might be preparing the business for a new phase of corporate activity.. seems extraordinary value down at these levels... I am confident we will wake up one morning and there will be an offer on the table to buy AGO and I cant see how FIRB could knock it back as they couldn't demonstrate national interest grounds... would be great if BHP bought AGO to keep it a bit more in the family so to speak.. we are low on the cost curve... tier one asset... perhaps FMG could bolt us on in full scrip offer (it wouldnt be cash)... RIO doesn't need us as far as I can see. Vale, Glencore, Chinese state owned entity perhaps... Flanagan's recent 'fight like dogs' comment just means that corporate suitors know they need to come with their game face on. I am fine with that. no WAH NAM taxi company scrip offer... cash would suit us best..
 
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Currently unlisted public company.

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