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AGO atlas iron limited

0.00%

3.0¢

Ann: Becoming a substantial holder, page-20

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rcman

9,381 Posts.

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23/04/18

11:06

Post #: 32624080
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Originally posted by Timetotrade ↑

The Scheme of Arrangement is for 1 MIN share for every 571 AGO shares
There is NO cash offer on the table.
At the current price of MIN @ 18.00, the offer equates to 3.15c for AGO.
So AGO is still trading at a discount to the offer on the table
The comparison to the price that it equated to when the Scheme was announced is irrelevant.

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at MINs morning high equivalent to AGO 3.21, if fe gap continues narrowing and 62fe rising might get to 4c before final date.

AGO Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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Ann: Becoming a substantial holder, page-20

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