AGO 0.00% 4.5¢ atlas iron limited

In light of the plunging price of I/O - I think this was a very...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 17,077 Posts.
    lightbulb Created with Sketch. 3840
    In light of the plunging price of I/O - I think this was a very prudent move. Although I have to admit this is in essence, a precursor for AGO to place a "For Sale" sign.

    The thing is, other mid tier miners would have to be in the exactly same position. So instead of letting the SP free fall over the next few weeks - a voluntary suspension and review was really the only option.

    Haplo
 
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.