AHF is on a fundamental trajectory to attract Institutional interest. When these fundamental developments come to light it cannot, and will not be ignored.
When markets make a correction soon, more money will flow into the safe investments like consumer staples.
One of the key attractions of this stock is it's low shares on issue. This often exacerbates a run when buying interest arrives. Free float decimation will occur when value investors load if they like the numbers they see.
I am surprised by the amount of stock available at such low levels, however this often never lasts long after a few levels are knocked out, and in the case of AHF and I have been watching intently over the last few months, it looked more like a concerted attempt to cap and drive the price down with sell side stacking.
Technically, the gap that was created from that big move after the CDC announcement 12 months ago has now been filled, and the bulls started coming in from 15c up, and today I used as opportunity to get some stock for my mum at 16.5c.
AHF is a far more advanced and sound business now than what it was a year ago at 40c. The fact they were improving their herd on the lows of the milk cycle speaks volumes.
This stock is still technically in a downtrend though, and this will not change till it at least breaks through the 20c level.
Absolutely no potential is priced into this stock at the moment.....zip....zilch....assets cover the cap. What a travesty, and an opportunity.
AHF Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
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