Don't think divvy will be modest. They hold cash of 18m and so a minimum of 1c is on the cards. Based on last two dividends, ATP management doesn't shy away from sharing the profits.
If June auction prices hold, ATP will still be making 17m profit this year (based on previous expenses).
ATP won't be making any loss unless pearls crash 120% from June's prices.
ATP Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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