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3.19% 9.1¢ atlas pearls ltd

Unfortunately this was all very predictable. Whilst I don't own...

  1. JID
    3,676 Posts.
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    17/03/15
    07:36
    Post #: 14924725
    Unfortunately this was all very predictable. Whilst I don't own ATP I have previously and keep an eye on them from time to time.

    I didn't understand the strategic rationale of moving away from it's core competencies of pearl production in Indonesia in favour of high fashion fragrances and a Tasmanian based oils extraction business.

    The company (more rightly it's shareholders) are now paying the price for this misadventure.

    Good luck to all holders.

    Cheers
    John
    ATP Price at posting: 5.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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