AGO
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0.00% 4.5¢ atlas iron limited

From 18 December to 23 Mach it traded above 2c- as high as 4c...

  1. ozzieKochie
    128 Posts.
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    26/05/18
    21:34
    Post #: 33322637
    From 18 December to 23 Mach it traded above 2c- as high as 4c but in the months prior to 23 March in a range of 2,4-2,8c.
    There has always been a strong correlation between AGO and the iron ore price. Except this time around- In Feb the iron ore price falls then stabilises- AGO doesn’t do the same- Why?
    Iron ore does not move much prior to the announcement but AGO drops like a tonne of bricks-Why?
    The we find out the board has actually been in discussion for some time about a TO?
    To me it all looks a bit suspicious.
    AGO Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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