AGO 0.00% 4.5¢ atlas iron limited

Yes, u might be right, might still be hope for likes of AGO tho...

  1. 35,172 Posts.
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    Yes, u might be right, might still be hope for likes of AGO tho as BHP/BLT and RIO have made unpredictability an art form. There might be a sting in the tail yet, I don't think their strategy has yet truly executed and borne fruit to the degree that the market is happy: BHP would need to be about $36, BLT £16, RIO $60 or £33 for their strategy 2 b working. GLEN is not yet truly functional below £3 to spoil the RIO strategy from being tested.
    Hope for AGO, MGX, BCI and FMG remains when BHP/ BLT and RIO r still in trouble on their strategy. Their SPs r best judge of how market thinks they r travelling, short of the debt market, that is.
    Last edited by JCoure: 08/04/15
 
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