AGO
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0.00% 4.5¢ atlas iron limited

Debt holders: Tails I win, heads you lose.

  1. circlingshark
    197 Posts.
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    10/04/17
    15:19
    Post #: 23978049
    Iron ore up; debt holders exercise their options and own most of AGO again after their sell down of the heads they previously owned.
    Iron ore down; AGO out of cash again. Let's put the company into administration again even if it extinguishes all equity holder's claims (which the debt holders no longer have exposure to).
    AGO Price at posting: 2.4¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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