AGO 0.00% 4.5¢ atlas iron limited

I think ppl should stop thinking there is an FMG offer...

  1. 592 Posts.
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    I think ppl should stop thinking there is an FMG offer forthcoming (at least the odds aren't favourable) . Gina holding is now large enough to prevent imo FMG from making any bid from here onwards. Twiggy is imo now firmly blocking and wait. FMG have its own problems. If you get one, hurrah, getting the unexpected is always pleasant.

    What still is not clear, how much does Gina want this and why. I suspect Gina is happy for majority interest at 50% hence may up her offer to get there. AGO imo will ultimately continue to operate as a standalone entity and twiggy/Gina will do a deal later on whatever it is that matters.

    Blocking stakes are strategic, shows patience to achieve longer term goals. Still don't understand why twiggy is viewed as a hero in the traditional sense.

    Wish gina/twiggy would act fairly to all the retail holders out there. No blocking stakes no pip offers, just something SH can stomach.

    GLTAH
 
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