ATU 0.00% 0.5¢ atrum coal limited

kudos to kuro, page-30

  1. 364 Posts.
    Yes I do Wiru. Why wouldn't it, unless the listing was WAY oversubscribed, which is isn't.

    Listen, I am one of the major shareholders of this business, so I have even more invested in Kuro and Atrum being successful that most of this thread combined, but I also understand how markets work. In the case of Kuro, there isn't a whole lot to suggest that it will just double straight away. We need to establish that there is coal in the ground and that we have a way to bring it to customers before the rest of the market starts getting excited. Once we do that, then yes 40c, 50c and above is a possibility. Just don't hold your breath for that kind of appreciation immediately.
 
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