ATS australis oil & gas limited

I don't want to take a loss. A capital loss is no good to me...

  1. 190 Posts.
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    I don't want to take a loss. A capital loss is no good to me from an accounting perspective. Each persons situation is different. At 3-4 cents what's the point of selling. I believe at these levels it is better to hold with the understanding that it is very much a highly speculative stock now. I have had many other big winsomer the years in this sector ie Aurora to balance the ledger. I am only playing with a percentage of my profits. Originally I wanted to back the same team.The sophisticated investor realises the challenges that ATS have, that is why fracking institutions and corporates are not jumping in.They have foremost got to get their drilling of wells perfected. Despite what the rhetoric says the truth is the recent drilling program did not help their proof of concept. It in fact has proved the opposite. The big end of the market knows. If I did not have any stock I would recommend a conservative punt at these levels. In my case I have more than enough exposure in my portfolio. Too much!!! Remember I was an original investor OUCH! There is a reason why this stock price fell from the sky. It was not just covid and the oil price.
 
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(20min delay)
Last
0.8¢
Change
0.001(7.14%)
Mkt cap ! $9.885M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $4.809K 681.7K

Buyers (Bids)

No. Vol. Price($)
21 15173483 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2616928 3
View Market Depth
Last trade - 15.00pm 27/06/2025 (20 minute delay) ?
ATS (ASX) Chart
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