Member Info for Cahus

Look at the cash and cash equivalent position as at 30 Sep 22, amazing US$3,334,000 And loss making business non-existent since beginning of new FY which impacted adversely on last years loss. My money staying here too.

When asking myself why this drop from say around 1.02 p two weeks ago to .55 p, just can’t figure out the technical or lack of delivery on performance!!! Auditors resigned dropped the sp to .60 p but no upward movement upon appointment of new auditor! Where is the logic in that? But I topped up around .68 p and again yesterday at .58 p this doubled my original holding. Usually December coming near Christmas people tend to cash in only to re-enter early January. From the current sp I could see a definite 200% uplift short term but AIMO. But my belief is reflected in my top ups. I wish all you lovely people make some decent gains in GST. But can anyone explain the drop to .60 p to me please? Apart from BOD not releasing news, Thank You in advance

It will go back up relax. Buy and hold if you think it has legs. Red almost everywhere.

Took some more earlier but where there is blood on the street and wait like going fishing

Atlantics auditors supposed to be independent is the rule but have we not read many big audit firms failing in their duties ! Again I still believe there is insider dealing who started the dumping at .50 p and momentum carried on. Two days after an RNS of Auditors resignation. Questionable!!!
On the other hand, the company has made great progress since the days it was trading over 2.50p and with soft launch etc … how can we be trading under 1 p is beyond comprehension and belief. Either I am stupid for not understanding the fundamentals or Father Christmas exists!!!!!

Totally with you on this one Smellyben. The sale of share could be from the auditors if the were give. Shares in lieu of cash payment for services or they may have bought some shares. This selling will be history in no time.

Senior partner ….

Change of Auditors due to loss of a simile partner is common. Again no TR1 or Directors selling rumoured. But is there insider dealing here as ppl might just tipped of auditors resigning without knowing the reason. Over sold big time.

Uhmmmm where is the TR1 rumoured or directors selling RNS??????

Trying to count how many shares, if all comes from one seller, I would say around 9m shares in total. That is not enough to run the sp to the ground with rumours of directors selling, bad news coming et al. I would say the seller needed funds especially if he was expecting 3-5 p by Q4 latest. I am not worried as I topped up my holdings by a third. Don’t mind the wait. Like they say : ITS COMING HOME ….

I had to break the order into two to get buy

Buy when there is blood on the street, so I bought two lots at .68p and happy to average down

Patience my friend

Question is how much are we willing to pay for the progress achieved so far bearing in mind the direction ahead short term? Am sure the soft launch is going to raise some eyebrows and a buyout possibility!!!! Food for thought!!!

I find something strange in two shares that I hold, GST and BLU. For the last 3 trading days the price didn’t move regardless of buying > selling or vice versa. As if they don’t want the price to dip any lower or they are preparing for a big jump. My guess is as good as yours. Comments welcome.

Am surprised we are at the current sp after the podcast where they said we should be worth 50 -100 - 200 times our valuation. I understand this is not happen in my overnight but we should at least settle at a higher sp if 1.20 p + until further updates and not sub 1 p.
Q4 suppose to be fruitful but silence is killing us all. About time they remind themselves of the current trend and get their fingers out.

Hope we maintain the rise next Monday and at least trade around .24 p until further development

Still here all loaded and waiting for the big pay day

Let’s see if this stops the rot and the start of a reversal of the sp.

Ragnarr basically Muscles is saying that he will shut and and convert to a believer in BLU once the bod put out RNSs which will lift and sustain the mc. Am I right Muscles? In a way we are all disappointed at this sp and we will achieve nothing feasting on each other’s blood.