Atlas Pearls Ord Shs T.ATP

Primary Symbol: APCFF

Atlas Pearls Limited is an Australia-based pearling business company. The Company is a producer of South Sea pearls, specializing in white and silver pearls. The Company operates approximately seven pearl farms throughout the Indonesian archipelago, from the national park lands of Banyu Biru to Flores, and as far east as West Papua. The Company is a fully integrated business including hatchery, seeding, harvesting, grading, trading, design and manufacturing capabilities to sell directly to customers through wholesale partners and via its retail outlets. The Company provides a range of products, such as DOUBLE PEARL BRACELET, CAGE PENDANT, KESHI STUDS, VINE RING, SIMPLE SHEPHERD HOOK EARRINGS, TOP HAT PENDANT, SICKLE PEARL RING, NEOPRENE PEARL BRACELET, FLAT BUTTON STUDS, BUBBLED RING, NEOPRENE PEARL BRACELET, FIXED PENDANT, FILAGREE CUP STUD, FLOWER FILAGREE PENDANT, PAVED DIAMOND PENDANT, OPEN PETAL RING, SIMPLE SHEPHERD HOOK EARRINGS and CAGE PENDANT.

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Atlas Pearls Ord Shs > deal starting to wobble

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Comment by rad10on Mar 28, 2021 12:55pm

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Post# 32894994

RE:RE:deal starting to wobble

Yep - 19 million to make all 3 tranches of preferred shareholders whole. I think your math is right. It's hard to envisage this falling apart. If it does - it would be good to replenish a preferred share position.

Long A/B/C - but trimmed positions since deal announcement.

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