AGO
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0.00% 4.5¢ atlas iron limited

what the sp is going on, page-10

  1. MIKE71
    150 Posts.
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    29/08/12
    15:49
    Post #: 10641439
    IMO, AGO looks oversold, prices had picked up a bit since low 1.37

    180mill debt if they have to raise to double capacity will only add finance cost around approx 10mill pa. Market at this moment looks at any slight negative news on iron ore as bad thing and smashes prices. Good entry opportunity for the brave hearts, IMO.


    dyor
    AGO Price at posting: $1.45 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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