AGO 0.00% 4.5¢ atlas iron limited

It's a waiting game, page-392

  1. 2,103 Posts.
    lightbulb Created with Sketch. 184
    I do like people who are constructive when filling in time , so thanks for your post @rkb

    A share buy-back is a possibility but, though an excellent option, is a long way off in my opinion. The alternative is consolidation, something I am totally against having had several bad experiences. So let's not talk consolidation: yes, there are pros and cons, but for a penny stock in such a fragile state as AGO, and price of IO still too low, such an action is certain to be a disaster for shareholders.

    Getting into profitability, to send a signal to the market, and to use up all those valuable tax assets, will be top priority for the new board. I await eagerly to see who the new board members will be and though I live on the east coast, am contemplating going to Perth for the meeting.
 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.