AGO 0.00% 4.5¢ atlas iron limited

I don't expect a bid till the statement from the independent...

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  1. 136 Posts.
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    I don't expect a bid till the statement from the independent valuer on the true value of AGO. Twiggy would look stupid and being unfair to shareholders if he offers 5 cents and the valuation comes in at 10 cents. This is currently the situation for Gina and shareholders that accept 4.2 cents will feel ripped off if the valuation comes in at 10 cent. I found it fumy that Gina said in her offer document we could be minority shareholders without a say if she gets 50%. She currently has no chance of getting up to 50% and with twiggy as a shareholder I am sure that her decisions will be kept in very close scrutiny. Really can't believe that Gina didn't increase her bid to 6 cents as she is just wasting paper and our and her time.
 
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Currently unlisted public company.

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