AGO
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0.00% 4.5¢ atlas iron limited

Well 400 mill in cash No Debt and mkt cap oif 1.1 billion making...

  1. kingdom
    608 Posts.
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    05/09/12
    10:43
    Post #: 10672085
    Well 400 mill in cash No Debt and mkt cap oif 1.1 billion making profits:

    See the presentation dated 27 August :

    Its not even close to FMG! to compare:
    Gross profit 213 mill
    Underlying profit 98
    After tax 72:

    So on my numbers its worth 1.6 bill all day:
    BHP could grab this in a heartbeat!


    Also top 20 shareholders won 64%

    AGO Price at posting: $1.17 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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