We can look at the positive side. If the shares stay at this level or lower, its an opportunity for Atlas
to do a share buy-back at the low price probably starting Feb or maybe later. If net debt is reduced to zero, it will free up the 35 mill security deposit they have as well. If not next qtr then the qtr after. That way they can buy out the Debt Holders themselves and thus benefit flows to the long term retailers, provided the share price stays low.
- Forums
- ASX - By Stock
- AGO
- Iron ore price
Iron ore price, page-783
-
-
- There are more pages in this discussion • 349 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)