AGO 0.00% 4.5¢ atlas iron limited

Who has bought AGo in past week, page-8

  1. 5,274 Posts.
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    I wouldn't think so. Here is why:

    I am happy for the deal not go through, BOD sacked and if SP has to go down to 1-2 cents I am ok to rebuild company with a new BOD and focused on diversified (non IO but use of existing equipment and port). I am happy to take that risk.

    BUT ...

    Someone buying AGO for 2.8c hoping/assuming they are buying shares in MIN is a big risk as they may not be keen on losing (potentially half of their money) to restart AGO.

    Of course, if we do not have increased shares in T20 or new T20 it likely means retailers buying and hoping for anther bid as this is quite safe for them. I would guys they would vote No and of course if people buying BIG and intending to vote No hoping for a better profit (as this would be a safe bet) is even merrier
    Last edited by tuts: 15/04/18
 
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