ATU 0.00% 0.5¢ atrum coal limited

Quiet Times, page-12

  1. 364 Posts.
    That's right Ormond.

    I understand why people are selling - the company has done nothing of note for several months and even the PFS was pre-baked into the share price. The markets are flying but ATU has done nothing so people get impatient and sell with a view to buying elsewhere, which ironically is the exact opposite of what you should do as a long term value investor.

    Just be patient and the story will play out. These things take years to play out, but people get impatient after a few months, sell out and ultimately miss all of the upside which is undoubtedly going to come in the next 2-3 years. I'm certain that the guys selling now will be the same people jumping over themselves to buy back in at $2.50 when momentum comes back into the stock.
 
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