AGO
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0.00% 4.5¢ atlas iron limited

Ann: Chairman's letter - Scheme of Arrangement, page-25

  1. oldfoundations
    44 Posts.
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    20/04/18
    10:56
    Post #: 32580688
    Existing infrastructure is a massive cost if it's not linked to a profitable operation - which AGO at the moment isn't. Sure they could sell it all, but that's temporary profit and will only serve to constrain their ability to make money.
    AGO Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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