ATP 4.35% 11.0¢ atlas pearls ltd

Ultimately if the company keeps performing and growing the way...

  1. 74 Posts.
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    Ultimately if the company keeps performing and growing the way it has over the past 12-24 months it won't matter whether they report every quarter or not. Once the dividend is seen as consistent and they continue to grow earnings the PE will catch up to an acceptable multiple. I can see them sitting on 8 times NPAT which on last year's earnings puts the SP around 16 cents. And that's not accounting for the large sales growth that we'll see at the upcoming auctions.

    With the SP where it is, there's a great opportunity to add/buy. We now know how quickly this can run when good news gets released. This indicates that there are plenty of eyes on this stock, which will be a great thing once they show consistent earnings.

    Reminds me of holding PLS when it was 3c. Not saying that it will emulate that SP wise, but this also has amazing potential.
 
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Last
11.0¢
Change
-0.005(4.35%)
Mkt cap ! $49.86M
Open High Low Value Volume
11.5¢ 11.5¢ 11.0¢ $1.246K 11.18K

Buyers (Bids)

No. Vol. Price($)
2 37000 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 43438 5
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Last trade - 10.36am 09/05/2024 (20 minute delay) ?
Last
11.0¢
  Change
-0.005 ( 0.00 %)
Open High Low Volume
11.0¢ 11.0¢ 11.0¢ 11000
Last updated 10.47am 09/05/2024 ?
ATP (ASX) Chart
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