-
Originally Posted by Rawz
well done holders.
are these prices the new norm or is this a huge windfall gain for the company because pearls are the new flavor of the month in China?
that's the first thing that pops into my mind. a reversion to mean and all that. commodity & biological risk.
But with ~ $20m of cash or more, the operations of the company (ie ex cash) at spot price are worth about 3x last years npat (not this years npat). price makes up for a lot of sins.
see how we go.
-
From a link on HC.
Pearls are often reported as the oldest valuable gem known to humankind, and have been collected for at least
8,500 years (A
https://www.ssef.ch/wp-content/uploa...s-GemGuide.pdf
Last edited by percy; 05-12-2023 at 01:53 PM.
-
Ended the day at 13 cents up a stunning 48%.
ATP Atlas Pearls Ltd 0.13 48% $37,652,715
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks