Some decent dilution coming - 300 mill shares. But still very profitable. A case of get big or get out I think.
I still like the fact they are a profitable telco/debt free with huge growth potential.Theyve swum against the tide in this market. Instos will take deep interest in ATC.Its now the size they like to deal with. Good time to get in I feel. But looks like a longer haul. I still reckon $1- $1.20 year end. At 47 cents ATC is on a PE of 5 - so $1 will make it a PE of 10 - not unrealistic.
ATC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
