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It's been a great ride and even at 13 cents the fundamentals look compelling (not to mention the time horizon for competitors to increase supply) but it's not going to grow to the sky.
ATP is not only a commodity producer, it's also dealing with biologicals. So I won't be in this one forever. The question is how much further does it have to run? I can crunch numbers and make a case for a share price north of 20 cents but have no real idea.
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 Originally Posted by traineeinvestor
It's been a great ride and even at 13 cents the fundamentals look compelling (not to mention the time horizon for competitors to increase supply) but it's not going to grow to the sky.
ATP is not only a commodity producer, it's also dealing with biologicals. So I won't be in this one forever. The question is how much further does it have to run? I can crunch numbers and make a case for a share price north of 20 cents but have no real idea.
how long until the boys & girls filling their pockets with these pearly gems in Asia stop buying ?
Nice 3 going on 4 bagger for some already, but yes similar questions as you raise
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Originally Posted by traineeinvestor
It's been a great ride and even at 13 cents the fundamentals look compelling (not to mention the time horizon for competitors to increase supply) but it's not going to grow to the sky.
ATP is not only a commodity producer, it's also dealing with biologicals. So I won't be in this one forever. The question is how much further does it have to run? I can crunch numbers and make a case for a share price north of 20 cents but have no real idea.
aye I think you've nailed it as far as I can tell. Biological risk will be ever-present and one day manifest itself - disease, warming temperature etc, just have to look to NZKS on the NZX. and surging prices are a fantastic way at bringing on supply which often establishes itself just as demand wanes and prices and margins per pearl goes into the toilet.
cant be a set and forget investment.
however I can forsee a huge cash balance at 1H close in 2 months time which they will have to do something with (and hope its not silly) and growing into the 2h. and massively increased profits for this year. So some key milestones in terms of momentum and price of the underlying operating company (ex cash) once/if pricing reverts (surely...)
Last edited by Muse; 05-12-2023 at 11:10 PM.
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SP still holding up there 12.5c and looks like more buyer support than sellers at Fri close on ASX
that rapidly growing pile of cash might be exciting the boys & girls 
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15.5c close seems to have got the Peanut Factory chattering away over yonder
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Originally Posted by nztx
16.0 c touched today
Mrs Percy might be getting pearls for Christmas.......
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Another leg up today.
Currently trading at 20 cents.
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Originally Posted by percy
Another leg up today.
Currently trading at 20 cents.
very content!
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