Ann: Variation of Takeover Bid, page-82

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15/09/18

22:51

Post #: 35625998
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Originally posted by bridog ↑

At the risk of having some holders waiting for me with baseball bats, I want to put forward my thoughts for holders' consideration.

Neither Gina Rinehart nor Andrew Forrest should be considered friends of AGO shareholders for the following reasons:

1. Atlas will not remain a listed entity. Why? I believe Gina prefers to operate in a private environment, away from the spotlight and more onerous responsibility that comes with being a company listed on the ASX.

2. I previously wrote that I believe that FMG has a blocking stake because they want to negotiate an in-specie share transfer for some asset of AGO that they wanted. This was confirmed today by FMG that they want port access as a price for their holdings. How this was to be arranged was not specified, possibly by some joint venture of the rail and port facilities. I can't remember where I read this but think from an email or article sent to my phone. It should be reported more widely tomorrow I should think.

No need for baseball bats, holders can accept what's on offer and pocket the cash.

All imh and unqualified opinion, and is opinion, not fact, except that I did read the part about FMG, that is fact.

Good luck to all.

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Your entitled to your opinion and so are the posters who wonder people with no skin in the game so to speak would waste valuable time having and posting a opinion.

Plenty of stocks to research that you might make some money on.

Personally I think someone else will have my two parcels before xmas as will probably of sold on market by then.

AGO Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
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Ann: Variation of Takeover Bid, page-82

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