To me ALA looks like it is getting ready for a massive re-rating. It is relatively tight, is in a hot sector, has blue-sky potential, is being promoted heavily(see: http://www.nexttechstock.com/big-money-from-smart-phone-apps-little-known-asx-listed-app-developer-shows-blue-sky-potential-in-the-white-hot-tech-space/ )and now they are providing a disincentive for sellers and an incentive for buyers with the attractive loyalty option issue. At such a low market cap this could possibly be a runner in much the same way as the early internet boom stocks ran in the late 1990's. All they need now is an actual product to meet the hyped expectations and away she goes. Maybe their Home Open app will do it? But maybe not. Time will tell.
SP1 Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
