AGO 0.00% 4.5¢ atlas iron limited

well ill be damned i researched all weekend to find out what is...

  1. 1,072 Posts.
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    well ill be damned i researched all weekend to find out what is going on with the sell off and nothing - nothing but all the brokers and media saying BUY and what an incredible story and profit. i really cant find anything negative at all - if somebody can point me somewhere to really make sense of what happened 6 sell off days 20% loss. Even the motleys are on side...

    Markets are forward looking - so im even more astounded that future debt pay offs and more profit (since December) is not being priced in especially with a much higher IO price.

    This is a serious post (again not upramping) im genuinely asking if somebody can show me something to make sense of what happened. Dont tell me the BS half yearly and quarterly as i am well aware this company is not making billions of dollars - if it were it wouldnt have an SP of 3.8cents it would be worth $20 a share
 
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Currently unlisted public company.

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