Twiggy Forrest makes surprise investment in Atlas Iron, page-44

Tomboy, like I said earlier, we DO get it. It is better than a company failure.

BUT...some of us have mortgages to pay, and don't have a spare $25k laying around to throw into this. I'm not borrowing more money to invest in a clearly risky asset (the overnight $2 drop in IO should be a warning this might change quick)

A capital raise at 8c means one thing to me...a re-rate back to 8c and a further drop in the value of my shares. At least they could have tried to get the last traded price of 12c, where's the harm in that?

I re-iterate, yes it's good this might help the company survive, but I do not see this a great news, and I think your dreaming with 30c unless IO goes back to at least $80-$90