Ridiculous selling across the board today but not unexpected. Thanks Wole for selling me your shares at $2.51/2.52. The non-institutional investors like me certainly got their share of the bargain today.There were many other bargain buys today on the ASX. Hopefully all AGO holders with a horizon of more than a week or two can see that the financial strife in the EU should have no impact on Atlas and that the CR is a positive strategic move that will be beneficial and not detrimental. Atlas are simply taking the opportunity to raise $ when conditions are right to do so. There is always an elemnt of risk with any company, but there has been an unjustified amount of pessimism and concern regarding this CR. Maybe the CR has had no impact on the share price after all? as many other resource companies are down at least as much as Atlas over the last couple of days. I understand the caution, but in my opinion today was a good buying opp and all the patient ones will be rewarded.
Please DYOR :)
AGO Price at posting:
$2.51 Sentiment: Buy Disclosure: Held