I couldn’t find the raw sales data on the June auction, but did...

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hotcongo

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23/09/23

10:15

Post #: 69990056
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Originally posted by tim000: ↑

Many thanks for posting the auction results, if you can access the June auction results it would be great to compare those.
I’ve processed the data.Total proceeds were US$4.71mn, equivalent to ca A$7.33mn @A1.555/US$. Total momme of pearls sold was 26750, equivalent to sales proceeds of Y25,900 per momme @Y94.5/A$. That compares to Y13126 per momme in H1 FY23, so almost double that. All other things equal, that would result in revenues increasing by A$12mn in H1, with the same increase in pre-tax profits from A$4mn to A$16mn. Pre-tax profits in AR23 were A$9.7mn. These are not forecasts, just projecting numbers based on what the auction results show.

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I couldn’t find the raw sales data on the June auction, but did find this article.

https://thesentiment.com.au/pearls-of-wisdom-atlas-forecasts-revenue-boost-following-a-successful-japan-pearl-auction/

it turns out that Atlas Pearls has private sales as well as these quarterly auctions, so that suggests the opportunity for more revenue.

Also, the first half result for financial year 2023 sounded pretty bad, so when they release the first half results for FY 2024, the obligatory comparison with first half 2023 will look pretty stunning, hopefully! Nice optics and all that.

ATP Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 14.5¢		Change 0.005(3.57%)		Mkt cap ! $63.66M

Open	High	Low	Value	Volume
14.5¢	15.0¢	14.5¢	$18.27K	126.0K

Buyers (Bids)

No.	Vol.	Price($)
12	661070	14.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.5¢	98905	1

View Market Depth

No.	Vol.	Price($)
12	661070	0.140
8	331352	0.135
8	190868	0.130
5	74801	0.125
5	27129	0.120

Price($)	Vol.	No.
0.145	98905	1
0.150	67101	2
0.155	55192	3
0.160	868738	12
0.165	443226	8

Last trade - 11.59am 17/06/2025 (20 minute delay)

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