CAP 2.27% 4.3¢ carpentaria resources ltd

Always good to see a new shareholder acquiring a substantial...

  1. 368 Posts.
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    Always good to see a new shareholder acquiring a substantial interest.

    The question can also be why would a significant holder such as Atlas sell.

    Atlas divested another of its interests in a different project in May and said this in their announcement on 31 May:

    "The settlement of the Balla Balla sale is part of Atlas’ strategy to grow its Pilbara Direct Shipping Ore (DSO)
    business rapidly"

    I assume they wish to focus on the Pilbara and that the same would apply here.
 
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Currently unlisted public company.

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