AGO 0.00% 4.5¢ atlas iron limited

Is consolidation imminent???

  1. 619 Posts.
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    Good morning fellow AGO's im a little concerned and some knowleagable advice is most welcome.
    my question is, with over 9B shares on issue i think we on thin ice here,, when do we think a timescale is imminent for a consolidation to occur? and, will it eventually be a part of any upcoming refinancing deals/commitments.?
    from what i gather, is not that many shares issued financialy unsustainable & costly to maintain for a Co'y in the long term? Particularly one like AGO with refinancing problems now, and to come?
 
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