Mark Hancock - Atlas Iron Executive Director - Commercial, Company Secretary

Director

Mr. Mark David Hancock is Chief Commercial Officer of Atlas Iron Limited. Mr Hancock joined Atlas as Chief Commercial and Financial Officer in July 2006 . Mr Hancock has resumed the role he held previously of Chief Financial Officer on 1 September 2015 and continues as Joint Company Secretary. Mr Hancock was appointed as Executive Director Commercial on 25 May 2012 and resigned from the Board on 2 December 2014. Mr Hancock has more than 30 years experience in senior financial roles across a number of leading companies in Australia and South East Asia, including Lend Lease Corporation Ltd, Woodside Petroleum Ltd and Premier Oil plc. Mr Hancock is currently a nonExecutive Director of Centaurus Metals Limited which Atlas holds approximately 9 percent of shares issued. since 2018.
Age 45
Tenure 6 years
Phone61 8 6228 8000
Webhttp://www.atlasiron.com.au

Atlas Iron Management Efficiency

The company has return on total asset (ROA) of (13.59) % which means that it has lost $13.59 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (69.69) %, meaning that it generated substantial loss on money invested by shareholders. Atlas Iron's management efficiency ratios could be used to measure how well Atlas Iron manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 63.84 M in total debt with debt to equity ratio (D/E) of 55.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Atlas Iron Limited has a current ratio of 1.18, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Atlas Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Atlas Iron's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Atlas Iron Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Atlas to invest in growth at high rates of return. When we think about Atlas Iron's use of debt, we should always consider it together with cash and equity.

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Atlas Iron Limited, an independent iron ore company, explores for, develops, mines, and sells iron ore in the Pilbara region in Western Australia. As of October 12, 2018, Atlas Iron Limited operates as a subsidiary of Hancock Prospecting Pty Ltd. Atlas Iron operates under Steel classification in USA and is traded on OTC Market. Atlas Iron Limited [AGODY] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Atlas Iron Limited Leadership Team

Elected by the shareholders, the Atlas Iron's board of directors comprises two types of representatives: Atlas Iron inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atlas. The board's role is to monitor Atlas Iron's management team and ensure that shareholders' interests are well served. Atlas Iron's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Atlas Iron's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bronwyn Kerr, General Counsel, Joint Company Secretary
Spiro Pappas, Non-Executive Chairman of the Board
David Flanagan, Non-Executive Chairman of the Board
Jeremy Sinclair, COO
Robert Wilson, Chief Development Officer
Mark Lawrenson, CEO, Managing Director, Director
Jeff Dowling, Independent Non-Executive Director
Anthony Walsh, Company Secretary, Head - Corporate
Yasmin Broughton, General Counsel, Joint Company Secretary
Daniel Harris, Director
Alan Carr, Director
Kenneth Brinsden, CEO, Managing Director, Executive Director
Cheryl Edwardes, Director
Mark Hancock, Executive Director - Commercial, Company Secretary
Eugene Davis, Non-Executive Chairman of the Board
Chris Els, CFO, Joint Company Secretary
Ian Plimer, Non-Executive Director
Tadeusz Watroba, Non-Executive Director
Sanjiv Manchanda, CEO
Stephen Wood, Non-Executive Director

Atlas Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Atlas Iron a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Atlas Iron

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atlas Iron position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atlas Iron will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Public Service could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Public Service when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Public Service - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Public Service Enterprise to buy it.
The correlation of Public Service is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Public Service moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Public Service Enterprise moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Public Service can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Atlas Iron Limited information on this page should be used as a complementary analysis to other Atlas Iron's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Other Consideration for investing in Atlas Pink Sheet

If you are still planning to invest in Atlas Iron Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Atlas Iron's history and understand the potential risks before investing.
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