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4.55%

10.5¢ atlas pearls ltd

Ann: Kobe Auction Result and March Quarter Sales Update, page-22

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plough

33,426 Posts.

1731

23/04/24

13:18

Post #: 73475816
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Originally posted by NoLeafClover ↑

I find the management at this company don't really "hype" things at all, if anything they tend to under-hype things tbh so I'm not too concerned from that perspective.

From past reports their direct retail/digital channels have the highest margin I believe (despite being lower volume), so be interesting to see if they are able to divert more inventory via those seeing they're more profitable. But yeah, they've got no debt and no need to raise capital or anything, so guess they can just take their time & see what works to ensure they get the best prices.

Kind of wish they'd throw some cash in and do a share buyback at this price if people are going to panic-sell though. Company has been undervalued for a while based on fundamentals.

Expand

They could still do that share buyback you mention - good idea IMHO would show they are confident or alternatively spend their treasury on improving their higher margin IP Digital marketing channels you alluded to

Nice post by you by the way

Last edited by plough: 23/04/24

ATP Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $45.53M

Open	High	Low	Value	Volume
11.0¢	11.0¢	10.0¢	$21.38K	203.6K

Buyers (Bids)

No.	Vol.	Price($)
10	420823	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	83057	3

View Market Depth

No.	Vol.	Price($)
10	420823	0.100
2	20212	0.099
1	250000	0.098
2	37200	0.097
2	144166	0.096

Price($)	Vol.	No.
0.110	83057	3
0.115	294108	4
0.120	147042	4
0.125	604227	5
0.130	428686	5

Last trade - 15.38pm 19/06/2024 (20 minute delay)

ATP (ASX) Chart

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