AGO
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0.00% 4.5¢ atlas iron limited

And should money go home to America strengthing the US$ then A$...

  1. eyeswideopen
    11,474 Posts.
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    21/01/17
    16:21
    Post #: 22050284
    And should money go home to America strengthing the US$ then A$ will decrease.

    Question is should Atlas be paying back more of the US debt now?

    If they are satisfied with there hedging going forward, might they consider operating with say A$50m cash on hand and repay an extra $30m now?

    That might give the sp a kick as well?
    Last edited by eyeswideopen: 21/01/17
    AGO Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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