All , which traded on the ASX today, rose 13.6 per cent. This is a rebound, not a reversal, after All share plunged. Before the news becomes clear, All share can only fluctuate in the range of 22p-30p. Only when the news is clear, All Share can choose the direction of breakthrough.
Today Atlantic released Half-year Financial Report. Stimulated by the RNS, the Atlantic share price rose only slightly by 0.59%. It can be seen that the Atlantic share is still affected by the short sellers report and the trend is weak.
March 9 Piedmont PRESS RELEASE "However, if for any reason Piedmont does not exercise its right to this offtake supply, the Company is confident that alternative sources of spodumene concentrate would be available to feed the Tennessee facility".
It appears that Piedmont lacked faith in the Atlantic.