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4.5¢ atlas iron limited

Ann: Half Yearly Accounts and Appendix 4D, page-171

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Mk74

355 Posts.

23/02/17

18:44

Post #: 22856006
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Originally posted by pplion ↑

The report was in line with market expectations. The sell down is largely due (IMHO) to sell down by Glencore of what was once a holding of about 750 million shares that began with the CD announcement on Friday. Some may disagree and that's fine. Underlying IOP strength and inherent volatility will see us back up towards 5.0 next week. Further positive announcements re debt paydown and hedged price will have more positive impact as announced.

Just MHO and DYOR. Time will tell.

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Would be nice though to find out a private deal is upon us. That no one knows

Except those that have been buying up big at these levels.

I think we all remember what happened with the flinders Ann of the rail. And it's nowhere near starting

But wasn't their slot of $$ made on that Ann

AGO Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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