AT1 14.3% 2.4¢ atomo diagnostics limited

AT1 FY21 - General Discussion + FA, page-313

  1. 752 Posts.
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    Yes, that is the latest top 20 too that I checked out last week as well.

    I really like this company and I know it has lots of potential, but looking at who holds the SOI, I can't think past that right now it is just an institutional investor plaything as the general public may get excited and push the SP up, is when shares get dumped by one of the bigger institutional holders or the bigger insider holders that are not disclosed and probably bought up again around the low 30's mark. This seems to be the pattern since it peaked just after IPO.
    I cannot see this going any lower than the 30s, because the institutions won't let it, which is the good news, but it is also up to them when they will let the SP run a bit as well.
    As many others have stated, this is very much a long term hold because it may get close to fair value once more profit and revenue will inevitably come, and then I think is when Dalraida, Perennial, Walker Group etc. let the brakes off a bit and the SP will start to gain traction.

    All IMO, DYOR.

    Good luck FinFree101 and all,
 
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