ATU 0.00% 0.5¢ atrum coal limited

Entitlement Offer and Options

  1. 3,123 Posts.
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    Just wondering what the sentiment/uptake might be for holders of ATU with the offer and attached options?

    Is the Elan plan a saviour?

    Is the 10c price with an attached option attractive?

    Only a week or so to decide one way or the other and interested in others thoughts.

    I'm likely to average down with one last hail mary and pick up the options which "may" have value if the SP improves on Elan fundamentals and the anthracite at Groundhog becomes viable

    Unfortunately the management achievements to date don't leave much confidence other than a small punt to save a larger wager...

    Any thoughts?
 
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