AGO
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0.00% 4.5¢ atlas iron limited

bounce to go over $3, page-72

  1. r36snowbound
    1,351 Posts.
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    29/09/11
    22:32
    Post #: 9030515
    I increased my modest holding in AGO today, and agree with Hotfire that "anything below $3 is a gift".

    The current negative market feelings towards FMG should also help the AGO share price, although I am not sure how well founded these feelngs are.

    Whilst global markets and precious metals are dropping / fluctuating dramatically, iron ore prices seem to be reasonably stable.

    Dropping value of the AUD is also helpful.

    Very comfortable with my AGO holding.
    AGO Price at posting: $2.89 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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