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JCoure

35,231 Posts.

914

02/01/15

12:50

Post #: 14527948
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Originally posted by rasberry ↑

If there was ever going to be a take-over offer for AGO one would have to think it would be now/soon or never,the way the iron ore industry is at the mo.I don't think we will see these prices again for a while,someone would likely pick up this quality producing asset for a Bargain.
Personally I think iron ore has hit rock bottom & the way is up.There is going to be some serious action on the share price in coming months(upwards).
I wonder what the shorters think?
The share price rise in the last few days could be a hint.

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Wonder what price AGO will go for? I can see the initial response being rejection but how much is enough for AGO Board to recommend?

MGX Price at posting: 27.0¢ Sentiment: None Disclosure: Not Held

ARI Price at posting: 22.0¢ Sentiment: None Disclosure: Not Held

BCI Price at posting: 62.5¢ Sentiment: Sell Disclosure: Not Held

FMG Price at posting: $2.86 Sentiment: Sell Disclosure: Not Held

AGO Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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