AGO 0.00% 4.5¢ atlas iron limited

I'd like a dividend, a 10c dividend wouldnt impact the cash...

  1. 1,231 Posts.
    I'd like a dividend, a 10c dividend wouldnt impact the cash position all that much IMHO. As for growth we all want growth, but with BHP and RIO ramping up Iron Ore production prices are likely to start sliding in 2 or 3 years when all new sources of Iron Ore come on line. Atlas should focus on just getting as much ore out NOW as it can at current prices. The company just took over Giralia. It probably doesnt need to do anything but if it did I'd like to see it do something off shore in the coal space.
 
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