You're not going to wake up one day to see AEB jump from 28c to $2. If there actually is news good enough to send you from 28c to $2 it will take at least a few days, even after a trading halt. If I had to get in at 50c-$1 before it got to $2, hey, that's fine, I'd rather stick my money in when and if that time comes. In my view that's a much better risk/reward strategy than jumping in now.
Yes, perhaps a little tongue-in-cheek or dramatically speaking, but I would most definitely call this a 'crazy new idea' company. The concept may have been around for a while (I remember first hearing about it in the early 90s, on channel 7's 'Beyond 2000'), but this is not long-established conventional technology and this is not an established, profitable company. This is still a case of chasing rainbows. True, sometimes you can catch a rainbow and get rewarded accordingly, but generally the rainbow gets away and you get burned. When it's clear you're not going to imminently catch the rainbow, it's almost a guarantee that the share price is going to dwindle away while the market waits for something to happen.
I do hope you can eventually catch the rainbow.
Paul: That secret thing you were predicting would happen by today at the latest and light the skyrocket doesn't seem to have happened. Let me express my surprise.
AEB Price at posting:
28.0¢ Sentiment: ST Sell Disclosure: Not Held
