ALT 0.00% 0.1¢ analytica limited

Ann: App 4D and Half Year financial report , page-8

  1. 23,919 Posts.
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    CT

    you missed my point

    you offloaded your ALT at just north of 52 week lows anticipating bad results in Brazil before the trials have even commenced ! That is on top of US negotiations, South East Asia marketing commencing, engaging South South Partners who seem very experienced and their latest hints at China and Middle East.

    ALT has never been more prospective

    my comparison was selling stock in a mining company before they even put the drill bit in the ground.

    "common ploy by traders to push up prices before a dud drill result" is absolute rubbish - no one knows results before the drill hits the ground. It is speculation and investors pricing in positive results that drives the price. if the results fall short, the stock naturally retreats. if the results are positive, the stock rerates.

    Even by your floored reasoning ALT will run leading into anticipated April results - so a higher price that 1.9c / 2c would easily be achievable even pre results IMO.

    I think you have failed to consider the risk vs reward.

    My estimations:-

    - 2.3 / 2.5c on confirmation of Brazilian trials

    - 2.8c in the last week of March leading up to Brazil results

    - Positive outcome and distribution signed 5 - 8c

    - Negative outcome and no distribution agreement 1.5 - 2c

    The only reason you would sell is you believe the stock to be going lower. With such momumental trials and agreements anticipated in April, you think the stock is going lower than 1.9c / 2c in the next month ? I strongly disagree






 
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