AL8 0.00% 0.3¢ alderan resources limited

New Alderan Resources research, page-48

  1. 1,046 Posts.
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    As a further positive there are apparently only 40 odd million shares in circulation unless the directors and management whom hold 50% with top 20 holders holding 80% put some back on the market.
    If the top 20 start selling I guess thats a worry then if they dont it is for obvious reasons and if anyone wants in pending the remaining risk balance then best do it at these levels.
    Im in for a few now and in the red a little atm though very very comfortable with the capital risked and in concert with the number of high potentials available to the company.
    Obviously as things are de risked I imagine it will go ballistic as there will be scant stock available on the sell side.
 
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