News: AGO Australia's Atlas Iron names ex-Hancock executive CEO in board overhaul, page-54

really?
FMG chose to do a $500M buyback than to buy AGO at 5.0c and keep it listed.
Likely if they had bid at 5.0c when Gina was at 4.2c & held their 19.9% then they would have got to 51% easy with Gina at 42%, but they didnt and lost this strategic asset.

twiggy saw value at 5.0c in 2016 when he put in for the CR.
Why he sold that holding for a capital loss at 4.45c is something only he can explain.
Why FMG sold at 4.6c for a small 10% margin is also puzzling.

There must be some deal and FMG may reveal it next year im sure otherwise why would they sell cheaply.

So Billionaires change their minds every week
The illustrious AGO Top 20 from 2014 were no fools!

Gina is the 4th force in Iron Ore, thanks to FMG, the AGO BOD & the yank bondholders.
Gina was bold, persistent and brave.
She needs a $Billion listed entity like the others, AGO is perfect for this, if she wanted that she could have it without delisting.

A woman has the right to change her mind.