AGO 0.00% 4.5¢ atlas iron limited

takeover potential

  1. 570 Posts.
    In my opinion atlas is in a prime position for a joint venture with a much bigger company say a fmg or bhp,and dont rule out rio,conversations with others is the port capacity is so hard to find its rediculous.This alone puts atlas in the firing line,and by the sound off it theres a fair chance its all being looked at as we speak.The big players will not wait for too long as the chinese will be lining up for all the iron ore they can get there hands on,and this little baby is just in its nappies on what it will make in the future.This is worth 10 dollars a share all day long its just a cash machine with no debt wich is just unheard off these days so with cash in the bank,no debt, port capacity at a premium who wouldent want it.
 
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Currently unlisted public company.

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