ATU 0.00% 0.5¢ atrum coal limited

Ann: Atrum Provides AGM Update, page-41

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  1. 119 Posts.
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    i dont have the plums to short, not yet... mostly because i do happen to think that the business is worth bucket loads more but of course i am bearish... look at the share price. Look at the rights issue discount and options that were needed to get it away. Look at the absent permit. Look at the legal mess. Acknowledging that you posted that atrum didnt need any more money just weeks before it announced a capital raise last year, entertain me.... what price would you put on another rights issue to get it away without a permit?... 70% discount + options again? You must admit there is some downside risk... surely deep deep down you have some concern... of course there is plenty of upside too...
 
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