AGO 0.00% 4.5¢ atlas iron limited

Mike, no one knows the bottom, you can read on this forum...

  1. 1,309 Posts.
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    Mike, no one knows the bottom, you can read on this forum shareholders throwing in the towel and losing big time thats when you start thinking about an entry point when this talk starts, enter at your own risk as there could be more downside, however. It was only a few years ago that AGO paid $800m for Giralia now the combined entity is capped at $585m. I wonder if Flanagan cares about this company that he built because he is no where to be seen, anyone know whether he still holds shares?

    Having said all this yes the share price will recover and whether it is based on IO price or some news of merger activity or rail solution the jump will be rapid. The question is how long down the track will it be?
 
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