If one believes the view of insiders that pearl prices will stay elevated while the supply shortage remains, ATP has suddenly been transformed into a tech-like stock deserving of a high P/E ratio, reflecting its forward cash generating powers. I hope I’m not being unduly optimistic in saying A$50-60mn still looks very cheap, on a forward looking analysis. And if investors want to buy in to this story, there’s only one stock available. Are there any other listed pearl farmers worldwide??
If one believes the view of insiders that pearl prices will stay...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.46M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $9.706K | 68.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1090933 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 33182 | 2 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| ATP (ASX) Chart |