AGO 0.00% 4.5¢ atlas iron limited

It should be Not Held. I have changed sentiment to None,...

  1. 1,252 Posts.
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    It should be Not Held. I have changed sentiment to None, although I don't see much sense holding except in special situations.
    Regarding Trump factor, just imagine that other world leaders behave, twit and act (presidential decrees galore) like Trump.
    A complete economic and political chaos would fall upon us. Already oil futures are behaving very erratically, the price after Iran departure (Trump factor) is foretasted to be anything between $150 and $60 US per barrel by November. IO is so far isolated from Trump by weight of China's dominance in the world market. China is producing 10 times more steel than US. If Trump is successful with Iran isolation and oil is $150 per barrel than IO price would be greatly affected and consequently my option trading ( heavy in FMG). This is my real interest and additional factor which I have to watch. AGO's future is just a side issue for me, AF is still in the game but I am not sure why, probably does not want to admit defeat.
 
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