AGO 0.00% 4.5¢ atlas iron limited

Brinsden hosed down takeover speculation, page-2

  1. 17,014 Posts.
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    Yes. That's pretty much the standard response from any boss on the ASX who's gets asked about take over speculation of their company.

    Is there a takeover looming ? - perhaps not. Is there something happening that the market knows about and shareholders don't ? - probably yes.

    All I know is that AGO is been positive for two straight trading days now when the most of the other I/O miners and the ASX has been down. The spot price for iron has been pretty much flat as well.

    Lets see how AGO goes for the rest of the week .

    Disclosure: Stock held. Changing my sentiment to buy from hold. Unfortunately I don't have any spare capital to purchase more shares at the moment so I will be holding what I have for the moment.

    Please supplement with your own research.

    Haplo
    Last edited by Haplo: 04/08/14
 
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