ATU has never been a billion $$ stock. Even when the price peaked at $2…. many years ago…. there were far fewer shares on the register (if Atrum have proved anything, it’s the ability to repeatably do a ‘final’ capital raise). Either way, the market cap at its peak was somewhere around $300M.
https://www.asx.com.au/asxpdf/20131031/pdf/42khxthg331zym.pdf
The $300M was entirely based on Groundhog, of course. Speaking of… would love to hear something from JOGMEC re panorama. There was supposed to be an update last year, but it sounds like its gone even colder than ever before. Absolute fcuking disaster.
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