AGO
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0.00% 4.5¢ atlas iron limited

Good post Richie but just one tiny observation. MGX has...

  1. practisingaccountant
    9,544 Posts.
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    05/02/14
    10:27
    Post #: 12894707
    Good post Richie but just one tiny observation. MGX has negligible long term debt (~1%). AGO is funded ~15% by long term debt. That means on paper, all other things being equal (which are clearly not), AGO should have market cap which is 14% lower than that of MGX.
    AGO Price at posting: 99.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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