Most of this conversation is on another thread title (quarterly activities report )but i thought i would start a more relevant name
On the 23 rd March 2020 ,Atomera on the Nasdaq was worth US $2,55 a share.and the Australian KTE was valued at A $0.006 per share . Last Night this share went up to US $10.75, Why is this significant ? The simple answer is that Kte has a large investment in Atomera , in fact it owns 583,846 shares
Todays update as Atomera hit an all time high of US $ 10.75 overnight on the nasdaq.. Lets do some sums ...shares 583,846 x todays price US $ 10.75 = US $ 6,276,649 x 1.4628 to give A $9,181,125 divided by 300,700,000 shares Equals per share A $ 0.03053.
We know that KTE in australia is trading at A $ 0.014
Yes i know its value still isn't reflected in our share price yet ,but that is because of the pump & dump mentality of day traders and some investors. Slowly though the price is going up and holding, If you have been following Atomera on the nasdaq of a night time you will realise how much it goes up and then gets pushed down in the middle of the session only to spring back again. Last night 4 times the average volume changed hands on the nasdaq.Good luck to all holders
- Forums
- ASX - By Stock
- KTE
- KTE Rising as US investment in Atomera Quadruples
KTE Rising as US investment in Atomera Quadruples
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KTE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online