AGO 0.00% 4.5¢ atlas iron limited

Iron ore bullish as Chinese futures surge, page-27

  1. 2,238 Posts.
    Once 1.5c is taken this could become very thinly traded......All shares are where they are happy.

    Hard to believe but smart money is buying this up.

    Whitehaven has gone from similar position and from 30c to $3.00 in a year.

    This was once a multi Billion dollar company but for the debt.....

    Now that is being reduced and serviced, bankers see the ore price and may convert debt to equity....then boy we have a restructure and this goes nuts.

    GG
 
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