12
Jul
10:38
Atlas Iron sends mixed messages on Hancock offer
Australia’s Atlas Iron appeared to give mixed messages on the prospective take over by Hancock Prospecting on Thursday. A buy-out is likely necessary however as the company’s financial position has continued to deteriorate, Kallanish notes.
Atlas issued a notice on Thursday saying that it had delayed its target statement to shareholders pending the delayed external report into the proposed takeover by Hancock subsidiary Redstone Corporation. It now h…
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Anonymous
Very good overview of the weekly steel market.
Anonymous