AGO 0.00% 4.5¢ atlas iron limited

new high since may 2008, page-4

  1. 9,508 Posts.
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    Hi timbin,

    I remember that $4.37 very well and it looked soo good on my paper profits.

    Those days it did underline what this company was potentialy worth it if all would have gone well, but ofcourse we got a lot of headwind like the GFC ect.

    And those days we produced nothing yet and had NO money coming in.

    This time around we have the fundamentals to back this price up and to realise that we still have some way to go to fair value imho.

    I will stay with AGO closer to the $8 and $10 before mine are for sale if all goes well.

    And hopefully have enjoyed the dividents that David Flanagan promised us along the way.

    And remember this company is debt free, and would have plenty of scope to grow faster if DF has the needs to go and borrow a bit to get there even faster.

    Lenders will be standing in line to give him the funding he needs.

    enjoy the ride

    And ofcourse please do your own research

    jojo
 
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