AGO 0.00% 4.5¢ atlas iron limited

Ann: Target's Statement and Independent Expert's Report, page-335

  1. 558 Posts.
    lightbulb Created with Sketch. 65
    Have no idea but if they were a major shareholder they have to declare it. I think an institution or two thinking Gina is going to increase her offer. I can't see a new bid, she has about 25% and there will be more in the post. A new bidder is up against 50% (FMG and Redstone) so they have no hope. I think an institution or two hoping for the bid to be increased .

    I thought we might get a bidding war early on but not now. A bidding war would be great but the opportunity is past unless FMG suddenly enter the fray and I don't think they are after that.

    From my reading it is all about the port access and future development . To just guess (and it is a guess) I think a FMG Redstone deal over the port will follow this (after a polite pause) and the WA government will allow it.
 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.