ATP 12.2% 11.0¢ atlas pearls ltd

Ann: Kobe Auction Result and March Quarter Sales Update, page-20

  1. 179 Posts.
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    I wouldn't take into account the value of the assets, even with a change in the value of pearls at auctions, perhaps there might be a reduction in the value of the assets, which wouldn't be a cash outflow from our coffers, obviously. What matters is how much cash we can realize from the pearls, and on that front, I think we're doing well. And as mentioned before, having cash that allows us not to sell pearls at a low prices, is excellent.
 
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