AT1 3.85% 2.5¢ atomo diagnostics limited

AT1 is supposed to be a growth stock since it does not make any...

  1. 519 Posts.
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    AT1 is supposed to be a growth stock since it does not make any profits. However, the revenue was less and less from quarter one to quarter four. It has experienced 4 consecutive quarters with negative growth. If we compare QoQ, Q4 this FY we made not even half what we sold last corresponding quarter. Would you consider buying a stock with negative growth and not making a profit?

    I don't know why you bring up the prospectus, it's a different world after the prospectus. Nobody could foresee how the pandemic would do to the world. It's a challenge but also at the same time a golden opportunity for AT1 which in my opinion AT1 failed to get most of it. I understand it takes time etc... but could it done better? Absolutely. With what AT1 has achieved last FY, I don't think anyone would say they are satisfied with the results.
 
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