AGO 0.00% 4.5¢ atlas iron limited

ozrider& pkeno07 .....your posts both have merits & in a few...

  1. mdc
    276 Posts.
    ozrider& pkeno07 .....your posts both have merits & in a few years time we will all be laughing . Try & use it as a positive & load up on more if one can.
    I also believe that the oakajee scale back , or whatever it may turn out to be , is a blessing in disguise for AGO as it means supply is less.
    Again also remember that AGO is making it's money now at good rates & will continue to do so for the next few years before we get anywhere close to supply catching up with demand.
    So extra Port Space is essential for this to continue , hence the thumbs up from me for the FRS takeover .
    David Flanagan is a smart man & for me recognizes this part of the equation .
    After reading through takeover plans for FRS am I reading it right that eventually the price we pay, or they are worth , is 85 cents ?
    So in other words you can pay 79 cents now for something that will be worth 85 cents.
    Am I missing something or is this easy money to be made ?
 
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.