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1.03%

9.6¢ atlas pearls ltd

Think from memory the final two payments to Boneyard are due in...

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morley

1,540 Posts.

5

01/03/22

10:30

Post #: 59892048
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Originally posted by saintex: ↑

@EarlySession
No problem.

The cost of equity is very subjective. I take 10 %, based on long term rates of around 2 % + equity risk of 8 %.
I tend to use an equity risk of around 5 % for most of the stocks, so 8 % includes an additional level of risk for ATP. Once again, it is really subjective, as you have to assess the risk.

Regarding distribution, their online distribution is so successful that I don't see them coming back on this strategy (I think online sales now represents 18 % of their sales). Perhaps, you mean that they should reopen their stores to sell directly to final customers. Yes, it probably makes sense in terms of margin, but don't know if they get higher returns selling via stores to final customers (as they have probably higher costs than selling online).

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Think from memory the final two payments to Boneyard are due in March and September, so cash will be used to clear that for now.

The discount rate used to value biological assets is 20%, so means NTA makes a good rough bottom line for valuing (assuming most investors here like a generous margin for error in purchase price when dealing with micro-caps)

ATP Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.6¢		Change -0.001(1.03%)		Mkt cap ! $41.62M

Open	High	Low	Value	Volume
9.7¢	9.7¢	9.2¢	$73.46K	776.0K

Buyers (Bids)

No.	Vol.	Price($)
1	5000	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.6¢	6999	1

View Market Depth

No.	Vol.	Price($)
1	5000	0.094
3	141699	0.093
3	302692	0.092
1	219780	0.091
5	363471	0.090

Price($)	Vol.	No.
0.096	6999	1
0.098	180000	1
0.100	150000	1
0.105	41898	4
0.110	314274	6

Last trade - 16.10pm 27/06/2024 (20 minute delay)

ATP (ASX) Chart