That is what happens when you deal with Patersons... you rent their money. They are a chop shop. Same thing happened with Questa Coal.... no support on market. To be fair, Questa and Allegiance both had very high valuations... so I am not surprised.
Atrum Coal IPO Offer is open until Friday, they have a circa $20m market cap with existing JORC 500Mt metcoal on railway line in Canada - compared to Questa/Allegiance $35m+ market cap with postage stamp assets... lets see how it goes
AHQ Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held
