Pi** poor show AGO. Minimum price, minimal raising. Still plenty...

Pi** poor show AGO. Minimum price, minimal raising. Still plenty of debt and not much chance of a turn around. Just enough raised to pay all their wages for a few more years. Sounds great that directors are putting some money in, but I would too if I was about to lose my job. "Hey you're about to lose your job, but if you put in $50k I can pay you another $250k p.a. for two years".

For LT shareholders it's no different to receivership. Shares are worthless. Only hope is really a gamble. Buy as many cheap shares in CR and hope iron ore stays up. Big gamble but any downward price on iron puts same pressure on AGO as before as they haven't resolved debt issue at all. Too bad if you need to sell to offset a capital gain, poor shareholders can't even do that.

For the first time ever I say to AGO, you're ^%&(Y