That is the email I received. I'd never heard of the company until then, but I was curious so had a look.
I've seen this kind of stuff many times before from HotCopper and on The Market Herald. Soon as I saw what had happened to the share price, it had pump and dump written all over it. If I was a shareholder I would have definitely sold today, even if I liked the company because there is high probability of buying back in at lower prices.
It did make me aware of the company, and I'll have a look at it, but they are starting with a big red flag against them.
This is the liars end of the market and one of the things I would absolutely is agree with was by the poster below. Whenever dealing with this end of the market, you're going to get wiped out unless you go back a couple of years and look at earlier announcement, because it will tell you whether management has a history of delivering on its promises.
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Ann: Response to ASX Price and Volume Query, page-20
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $83.34M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.0¢ | $92.14K | 598.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 254267 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 4563 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 254267 | 0.150 |
7 | 442867 | 0.145 |
7 | 271575 | 0.140 |
22 | 718747 | 0.135 |
15 | 418653 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 4563 | 1 |
0.160 | 427430 | 6 |
0.165 | 133821 | 4 |
0.170 | 327833 | 7 |
0.175 | 800673 | 7 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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AL3 (ASX) Chart |