AGO 0.00% 4.5¢ atlas iron limited

Lucky guess but you picked it...not at all what I was...

  1. 18,493 Posts.
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    Lucky guess but you picked it...not at all what I was expecting...I guess on a positive note you could say they were lucky to raise the cash in this environment.
    What bothers me is Hartleys placing a valuation of aaround $2.50 and then does a placement a week later at near half the price.
    The company has stated it would look after the long and short term interests of shareholders, this appears to be a signifcant blow toshort term holders.
    Will be interested to see who the placement went to...
 
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Currently unlisted public company.

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