LinQ sells out of Atlas Iron

West Perth-based fund manager LinQ Resources Fund has pocketed nearly $2.3 million after selling its stake in Atlas Iron Ltd.

In a ceasing to be a substantial shareholder notice to the market today, LinQ said it had sold 1 million ordinary shares on market.

Shares in Atlas last traded at $1.55, down from $1.73 at 13:20 AEST.