I’m not sure of the appetite for pearl producers but in a rising pearl market and Chinese consumers hungry for supply I am thinking ATP may be vulnerable to takeover. I’m interested in others thoughts. Perhaps another reason for the company stance of providing limited information to market. We have a major shareholder who would likely want to block any takeover but boards must act in the best interests of all shareholders and if a compelling offer came, must act.
The demand for pearls in China, page-51
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