Despite the current state of the market and the very low consumer confidence I believe that once the scheme is approved there will be some positive movement in the SP. I do not think that there are any rockets left in these almost uncharted waters but hopefully a few astute investors will have noted that the gap between the value of the THL shares being offered against the value of ATL has widened by a couple of cents. The value now being 60C of THL for each ATL share worth 40c. The values at the point of the last presentation were 73c THL for ATL worth 55C at the time. However I am mindful that many holders will be well out of pocket at the moment and would need more than a rocket to raise their eyebrows.
ATL Price at posting:
40.0¢ Sentiment: None Disclosure: Held
