ATU 0.00% 0.5¢ atrum coal limited

atu - latest chart...., page-24

  1. 1,320 Posts.
    "one very weak stock - just no serious buyers, until they turn up that's enough to kill it." -- You are surely joking Meerkat in calling this a Weak Stock???

    Did you not see the results recently 1.5 billion tons of High Grade, Close to Surface Anthracite Coal. Coal with the highest calorific value. Becoming rarer to find.

    And with Cash in the bank.

    So much for a market which originally was created as a means for companies to get funds to expand their business.
    Which has turned into a Technically driven form of price manipulated governed by highly sophisticated Software Algorithms.

    Yes, the share price got pushed down significantly but none of it had anything to do with the Future prospects of this company & their product.

    The Market is complete & utter bollocks when it overlooks fundamentals & gets driven by Technical Support Levels!!!

    Pandelis
 
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