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4.5¢ atlas iron limited

Will FMG make a bid tomorrow?, page-2

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Richie2013

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19/06/18

18:00

Post #: 33806298
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Originally posted by richard1976 ↑

I think that FMG may well make a bid for AGO tomorrow. With the IO price down 4.5% today they won't want Gina getting more shares at 4.2 cents which is likely to happen without a bid from FMG. If a bid coming from FMG they will be likely to bid tomorrow to avoid Gina getting shares at 4.2 cents. I bought in at 3.7 cents last week and want to buy my FMG shares back. If a bid comes tomorrow then a nice rise in AGO tomorrow and a fall in FMG will be perfect for me to realise a nice profit as sold FMG at 4.65 to buy AGO.

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He might do, but wouldn't he rather wait to see what offer CE comes back with (if any) before 21/6/18.

AGO Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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