Q: Hi Team,
I don't think a question has been asked on this company in the past. What are your opinions, seems relatively small. Do you prefer Sigma to this one?
Thanks!
I don't think a question has been asked on this company in the past. What are your opinions, seems relatively small. Do you prefer Sigma to this one?
Thanks!
5i Research Answer:
ATLX is quite small at $221M, and like others has been hit hard, down 44% YTD. It has $22M cash, but large losses and minimal cash flow. Some revenue is expected this year. Mitsui's $30M investment is a solid endorsement of the company, but SGML is more advanced and significantly larger, and we would prefer it for exposure.