They have had 25 years operating pearl farms to get their act together. Poor quality, increased production for low demand product and lack of willingness to address admin costs. No accountability by management and a board that keeps backing poor results.
Only hope is for a buyer to be found for the assets. Unlikely as major shareholder continues to benefit from lending money to ATP.
Ann: Interim Financial Report 31 December 2019, page-5
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Last
13.5¢ |
Change
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Mkt cap ! $59.23M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $102.1K | 733.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 82659 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 26728 | 2 |
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