AGO atlas iron limited
Add to My Watchlist 0.00% ! 4.5¢

share buyback, page-5

  1. bilbar
    226 Posts.
    lightbulb Created with Sketch. 10
    clock Created with Sketch.
    10/02/12
    21:10
    Post #: 9678044
    A company only makes a share buy back if they have an excess of funds to their needs. In Atlas' case we need all the cash we can get to pump our output up to the projected levels.

    We reinvest our profits back into the Co. to unlock our plentiful resrves and create greater profits.

    Silly question really.
    AGO Price at posting: $3.27 Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

ACW Actinogen Confirms 100th Participant in Alzheimer’s Disease Trial and Interim Analysis Timeline
right-arrow Created with Sketch.
AFP Combogesic IV Launches in Canada and R&D Shows Significant Advances
right-arrow Created with Sketch.
NEWS Proteomics International granted first patent for endometriosis diagnostic blood test in Japan
right-arrow Created with Sketch.
NEWS Progress in Phelan-McDermid Syndrome Program to Be Presented at PMS Global Congress
right-arrow Created with Sketch.
NEWS 30,000m Diamond Drilling Commences at Napie Gold Project
right-arrow Created with Sketch.
NEWS Significant new gold-copper discovery at Minyari Dome delivers high-grade results
right-arrow Created with Sketch.
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.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.