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4.5¢ atlas iron limited

My information has AGO at $70 mill market cap currently.

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contraindicator

5,925 Posts.

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20/03/16

19:47

Post #: 17322675
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Originally posted by tomboy ↑

AGO SP last year same time 14.5c v 2.6c now

AGO MC last year same time $140M v 37M now

yet IOP same & AUS$ the same and yet
AGO COP slashed lower from AUS85 to now 55 or so yet many more shares on issue

How is it that the MC can collapse a 4 bonger like it has when the COP is much lower and no change in the IOP and AUS$ rate since the same time last year?

Priced very cheap.
Market doesnt believe Hartleys or the WA Govt/investors.

A refinance of all debt on better terms like FMG did in 2013 will wipe the doubters for good.

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My information has AGO at $70 mill market cap currently.

AGO Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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