Just a little perspective on what the current holding of CHL means to ATL's underlying value. The Camplify shareholdings were bought as follows :- Initial holding cost $1.75m subsequent capital raise cost $1.297m ie total of $3.047m. As at today that investment converted to 6895620 shares which at todays price gives a value of $90033260. Not a bad investment by going public. So how will it reflect in the next set of accounts? Doesn't look bad to me but unless they cash some out and put it to good use it will not help their shareholders much. I think some of it is already priced in.
ATL Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held
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