Yes Im a full time trader too. I had a look at the chart and the quarterlies, not much volume goes through on normal days. Average volume is under 300k on normal, days, not even $6000 gets traded. Way too small volume to make decent coin from trading it, too slow and not enough volume.
Also This latest trading update of 12-13 mill rev, only equals to that of the last half. And doesnt mean much without costs.
With their cash at 1.1 million, and in debt $4 million, the next quarterly will be interesting, see if they can reduce debt with this extra revenue .
And if you go by charts, similar pattern is happening with way less volume (less volume is less interest in the stock) 6 months ago the move was made with 50 million, and 10 million + shares traded, this last announcement didnt even get over 10 mill traded (see chart below and volume in red ciricles.) I expect the price to drift down to around 3c level again, and then might bounce again depending on quarterly.
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ATP
atlas pearls ltd
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16.0¢

Ann: Trading Update, page-28
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Last
16.0¢ |
Change
-0.003(1.54%) |
Mkt cap ! $70.24M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 16.0¢ | $26.24K | 161.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 495303 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 4761 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 495303 | 0.160 |
12 | 613446 | 0.155 |
12 | 433423 | 0.150 |
6 | 426699 | 0.145 |
5 | 312285 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 4761 | 1 |
0.170 | 401481 | 9 |
0.175 | 466707 | 7 |
0.180 | 166377 | 6 |
0.185 | 244300 | 1 |
Last trade - 16.15pm 07/08/2025 (20 minute delay) ? |
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ATP (ASX) Chart |