hey, what are you talking about ? Recent updates states clearly L: Record 960Kt SHOPPED during August, further proving Atlas’ logistics system - 2.0Mt shipped year to date for FY14 On track to achieve guidance of 9.8 - 10.3Mt
So roughly this will be ~ $1.3 bln with more than 100% profit margin. Do the rest of calculations as for EBIT etc.
Railway will be nice but without railway - is it really that bad ?
One of the reasons that AGO price is weak are shorters - AGO is at the top of the ASX shorted stocks list.
But when it eventually breaks out of the ~ $80 c - $1.10 range then watch the shorters running for cover.
AGO Price at posting:
82.0¢ Sentiment: Hold Disclosure: Held