Ann: Quarterly Activity and Cashflow Report, page-170

Similarities between when ATP( Atlas pearls) was under priced and SHE(Stonehorse) currently being under priced.

Number of poster posted about ATP in early January 2023 posted fundamentals figures that clearly indicated that ATP was under priced,

1) ATP splashes out on large investments such as Pearl farms, SHE outlays cash on Wells
2) ATP Profits were growing as is SHE.
3) The T20 / T10 share holders were accumulating at bargain prices.
4) Their was not much liquidity, small share holders kept trading in and out apart from T10 accumulators.
5) Their was some fear amongst holders and voiced on hotcopper, such as disease in the pearl farms, Hurricanes ,political instability.
6) people complaining about lack of updates, (14/1/2023)


Observation that ATP was undervalued (https://hotcopper.com.au/posts/66492444/single)
company makes $7.5 mill profit per year on just a $12m market cap, lol
so they accumulated.

Another poster
Hilarious how fundamentally undervalued this is - if only the market would take notice...

Another poster
Impressive results. Very very cheap valuation based on NPAT, Cash and NTA.
or
yes the numbers look good but why no dividend ?



Does this sound similar to post on Stonehorse.?
The share price then was close to 2cents , today its over 21 cents

The fundamentals carried ATP to a 1000 percent increase in share price on announcement of a initial dividend,and its been rising ever since.


Maybe ask david when he is going to pay a dividend. I know i have.