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4.5¢ atlas iron limited

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Shareninja

227 Posts.

3

16/06/18

23:52

Post #: 33761116
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Originally posted by saracenm ↑

The value in Atlas is that is has tax losses because it has a terrible core business, and it has the right - that it may have already lost - to build a port that it can never afford.

So in short a standalone Atlas is either dead or close to it.

It only has more substantial value if it is taken over.

The idea that another management team can turn around a high cost business for an product that appears to be in structural decline is far-fetched.

Brutal as it may be, Atlas is worth much more dead than alive.

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AGO Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
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