Original article by Paul Garvey
The Australian – Page: 19 : 12-Apr-18
About 15,000 of Atlas Iron’s shareholders own less than $A500 worth of shares in the iron ore producer, with 4,900 owning less than $A20 worth of shares. Mineral Resources CEO Chris Ellison has urged investors with small shareholdings to support his company’s $A280m takeover bid, warning that they will be left with worthless stock if Atlas collapses. He has questioned whether Atlas can survive if the takeover deal does not proceed.
ATLAS IRON LIMITED – ASX AGO, MINERAL RESOURCES LIMITED – ASX MIN