AGO 0.00% 4.5¢ atlas iron limited

Ann: Results of Creditors' Scheme Meeting-AGO.AX, page-10

  1. 52 Posts.
    Every rally is an uptrend, but every uptrend is not a rally. It means that the IO price rally is a sufficient condition for an uptrend, but it is not a necessary condition. That’s what the analysts are trying to explain in these articles.

    In worst case scenario, let’s assume if it is just a rally and as a director of a small scale business model (like AGO), I would try to make it adaptive as much as possible and to ascertain benefit from the IO price spikes. I think they need some innovation in the operational management rather than just focusing on the cost cutting. At least, there will always be spikes in the IO price due to dead time caused by a number of factors in the shipments.
 
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