AGO
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0.00% 4.5¢ atlas iron limited

value drivers, page-6

  1. Hotfire
    19,547 Posts.
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    27/07/11
    10:24
    Post #: 8731981
    I really don't think the SP is diving because of this announcement.

    SP decline was set in motion on Monday, today just confirms it.

    $18.7mil out of cash reserves of $293mil (at as 31.03.11) is better investment value than giving us an unfranked 2 cent dividend.
    AGO Price at posting: $4.11 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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