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0.00% 0.5¢ atrum coal limited

Ann: Kuro Coal to acquire Elan Coal hard coking coal properties, page-14

  1. wirapundi
    191 Posts.
    lightbulb Created with Sketch. 14
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    06/09/17
    22:07
    Post #: 27045843
    If they come back to market now to raise cash... again (this would be the 4th time in a row Atrum required a "last" capital raise before equity sell down), they wouldnt get it away at 20c I doubt KSD. So I dont think it is "priced in".

    Hoping new management have some kind of rabbit out of a hat type plan instead.
    ATU Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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