Australia's largest stock trading and investment forum Australia's #1 stock forum

AGO atlas iron limited

0.00%

4.5¢

New Managing Director, page-3

First 3 Last

Share
Profile

Follow
BT6487

2,337 Posts.

778

10/04/17

12:57

Post #: 23974104
Share

Originally posted by Tran ↑

Who does Cliff Lawrenson work for? Is he and his management team works for the best interest of all share-holders or is he working for the debt holders only? To answer this question, I think we must ask ourselves: who put him in as MD in the first place? Of course it is the debt holders. At the time of his appointment, debt holders were holding 70% of this company.

My belief is debt holders want to take out AGO and turn it into a private company.

Expand

I'd never thought about that but it seems pretty feasible to me!! $200m pa profit, who wouldn't wanna own it!!

AGO Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

CWX

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

Trump just dropped a 200% tariff bomb. Here's how to cash in

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

VMM

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

ILU

Rare earths stocks surge as Pentagon buys big stake in US REE miner

LIS

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

AII

Inside the depths of Panasqueira: A legacy carved in rock

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

AAU

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

New Managing Director, page-3

Top Stories

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

Trump just dropped a 200% tariff bomb. Here's how to cash in

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Rare earths stocks surge as Pentagon buys big stake in US REE miner

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

Inside the depths of Panasqueira: A legacy carved in rock

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

Featured News