AT1 3.85% 2.5¢ atomo diagnostics limited

Potential SP Valuation of AT1 - 80 cents to 1.30/share, page-251

  1. 752 Posts.
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    Exactly.

    Many IPOs do not come out of the gates quite like Atomo Diagnostics has done as well. This is damned good sentiment and investors put their money into believing in what the company can do.

    Those big holders didn't need to do anything, not to mention many got discounts as well (under 20 cents) before initial offering. The rise in SP reflected optimism from investors. Walker Group were clever selling when good news came out too, so as not to affect the SP too much. The other big holders are staying put. Why? This is just as an important question. It is good I think as it paves the way for an increase in SP on a positive price sensitive ANN which will come sometime this month I am sure.

 
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