AGO atlas iron limited
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Ann: Results of Creditors' Scheme Meeting-AGO.AX, page-8

  1. catbounce101
    298 Posts.
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    22/04/16
    22:10
    Post #: 17583943
    They finally get an opportunity to make some good money and pay down a decent chunk of debt and they've wasted it. Hopeless alright, By the time they finish the hedging obligations they have committed to this quater the iron price will be back to 40bucks.
    Instead of making 20bucks a tonne right now, they have locked in about $4/tonne. What a booboo
    AGO Price at posting: 2.3¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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