AGO atlas iron limited
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You are right that they bought at a higher price but the...

  1. jtp
    212 Posts.
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    29/08/16
    15:38
    Post #: 18767145
    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.
    AGO Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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