AGO 0.00% 4.5¢ atlas iron limited

You are right that they bought at a higher price but the...

  1. jtp
    212 Posts.
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    You are right that they bought at a higher price but the operational improvement on AGO will still give their balance sheet a boost from the current state. I would expect that they value their investment with AGO at 0.011/ or whatever the closing price on their cut-off so any increase in AGO shares will still increase their balance sheet. We will find out on the next couple of days when AGO's report comes out.
 
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Currently unlisted public company.

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