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4.5¢ atlas iron limited

Hancock in those circumstances have a legislated responsibility...

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groundhog2

2,135 Posts.

175

01/08/18

13:29

Post #: 34669600
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Originally posted by Rocksinmyhead ↑

Yes I agree the last thing that Twiggy would want is a large parcel of high potential reserves/land to be delisted and locked away from other players. I can't see why Twiggy would sell (at almost any price), with his 19.9% (Not sure he needs to buy more) and the rest of us that won't sell cheaply, Gina is going to find it very difficult to get to the 75%. Result: Atlas stays listed and Twiggy gets his sit on the board . Gina will have control but can't delist and will therefore will need to make the best of a non- ideal situation and will need to make Atlas profitable.

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Hancock in those circumstances have a legislated responsibility to protect the interests of Minority Shareholders. DYOR

AGO Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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