AGO 0.00% 4.5¢ atlas iron limited

Iron ore price, page-2957

  1. 8,020 Posts.
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    So is FMG result good or bad for AGO? FMG costs are falling sharply hence they can discount 35% easily whereas we find the discount harder to manage, so probably bad for us from that perspective, but I do think AGO is takeover target so a strong FMG is good for AGO. And a strongly profitable Pilbara region is good for AGO.

    Yep, I'm still waiting for a 1.9 close to negate the sell signal I got last week when we went 1.7 offered, I'm still in.
 
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