I only care about the future. What if the future dividend is reduced and the business is fluctuating and running downhill? Then 10.5c is not attractive for risk/reward. Why not invest banks or bhp for safety and long haul? Or invest other penny stocks having less dividend but potential growth?
IMHO, last year’s Kobe result seems peaked, at least for couple of years. China is on the slide and will take decades to recover. Pearl is more like a short lived fashion. The higher the price, the quicker the low tide.
Another lesson for me is the transparency, no trading halt for auction is ridiculous, someone can take the advantage of knowing the result earlier.
ATP - General Discussion, page-229
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $47.69M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 10.5¢ | $12.03K | 111.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 117571 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 47778 | 2 |
View Market Depth
| Last trade - 11.51am 05/06/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.005 ( 12.5 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 10.5¢ | 19390 | ||
| Last updated 10.53am 05/06/2024 ? | |||||
| ATP (ASX) Chart |