Macquarie’s 56pc profit jump wasn’t good enough because forward outlook more somber saw its share price tumbled near 7pc while Atomos revenue decline saw its price slashed by 43pc , just reminds us how brutal the market can be with sentiment is fragile.
Small and micro caps can look cheap when compared against their all time highs but in a bear market they can easily lose up to 90pc of their all time high values. Atomos had a high of $1.50 and is now just 36c !