AGO 0.00% 4.5¢ atlas iron limited

Honestly? That just seems like such a crazy post! lol The miners...

  1. 1,362 Posts.
    Honestly?

    That just seems like such a crazy post! lol

    The miners in New York and London were smashed to bits again on Friday not just because of the IO price
    tanking but because of the better than expected US jobs figures which translates into rate hikes!

    The situation has gone from bad to worse!
    Once AGO is trading below 1 cent it might become a take over target again for something like 10cents later
    in the year. But IMO the most likely scenario looking at it right now is it will go out of business sometime next year!

    http://www.smh.com.au/business/mini...ines-could-close-by-july-20150306-13x1ix.html
    Last edited by er6n: 08/03/15
 
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