After doing some research and analysing, I believe a full tilt take over for Atlas will be made by Smaller within the next four weeks, but certainly prior to financials being released in August. The current share price barely covers the value of Bisaloy. I think Smaller will sell off Bisaloy to Bluescope and he will have the distribution arm for nothing. Me thinks Atlas is making alot of money on their stainless products at the moment so they will come in above their financial target announced in February.
AHS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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