One quarter doesn't make an investment. It highlights that the old Atlas (ie the one that existed prior to being taken over) cannot control it's destiny . Funny the last few quarters smelt worse than week old prawns but you never said sell within an hour of posting .
Atlas was completely controlled by external forces mainly being USD:AUD, iron ore price and low grade discount. A good few years would have been very profitable a bad few years spelt bankruptcy. Hence why it was a very high risk high reward play. Consider risk before reward.
If one quarters production figures studied for under an hour could persuade you to invest then I have a bridge in Sydney harbour you might want to consider buying.
My opinion only DYOR
- Forums
- ASX - By Stock
- AGO
- News: AGO Australia's Atlas Iron names ex-Hancock executive CEO in board overhaul
News: AGO Australia's Atlas Iron names ex-Hancock executive CEO in board overhaul, page-57
-
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online