AGO 0.00% 4.5¢ atlas iron limited

Well, I am really enjoying this. The TO is developing into a...

  1. 127 Posts.
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    Well, I am really enjoying this.

    The TO is developing into a nail-biting showdown between two Australian corporate super powers
    - In the left corner: Gina (Hancock/Redstone) owning 19.96% and saying "sell to me for 4.2c!!!"
    - In the right corner: Twiggy (FMG/NCZ) owning 19.9% and saying "don't sell, hold on, wait!!!"

    This could be THE STORY OF THE YEAR on the ASX.

    Since I got in under 4.2c I can wait, wait for a better offer and an even better offer because I cannot lose anymore. The worst that can happen is that I might be forcibly acquired for a profit. How good is that as a shareholder?

    In the end, it may not be the biggest profit I have ever made but I am having a hell of a time holding AGO at this time. Bring it on!

    AIMO
    Last edited by Parragold: 26/06/18
 
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Currently unlisted public company.

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