AGO 0.00% 4.5¢ atlas iron limited

Ann: Atlas signs debt restructure agreement, page-82

  1. 5,336 Posts.
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    It's some wierd form of mutual distruction now, just keep dropping costs until only workers/mgt/creditors are seeing coin, surely shareholders can't vote for this to continue... Unless they think they can get out quicker than the creditors and recover their 1-10c in the dollar

    Surely there's a point at which contractors can't go lower without ruining their own businesses?
 
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