Today has had the highest volume in the last 5 years on no news. Not that the volume is huge, but this is a very illiquid stock that is mostly held by one person, so lest than 10% of the stock is actually really on the market.
I can't help but wonder if something has leaked. There are a few things in the pipeline. E.g. the half-yearly is due in a week or two, and could show money received from their land rights in China. That's $12 million or so from memory, so is very substantial relative to their market capitalisation. Then there's the definitive feasibility study for the Donald Mineral Sands project, which was supposed to be released last quarter but has apparently been delayed. And last but not least, we could have news from the court case against the Gambia at any time. They already been awarded $31 million (more than ATRs market cap), and we just have to await the results of the Gambia's appeal.
I'll keep refreshing my browser eagerly...
ATR Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
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