AGO 0.00% 4.5¢ atlas iron limited

The SP should be governed by the outlook for AGO and the premium...

  1. 579 Posts.
    lightbulb Created with Sketch. 16
    The SP should be governed by the outlook for AGO and the premium on market for the options.
    So if options trade at 2 cents + 7.5 c = 9.5c
    With 3.6 B shares on issue + a potential extra 3.6 B when options exercised it will need some good profits to give a decent return.
    I think I'm seeing this right, but correct me if wrong.
    Cheers
    Riv
 
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.