My experience is that AFR management are nothing if not professional. I've been impressed with the way they've run this ship since listing. No games and the sp well supported.
Another couple of drilling result announcements by the end of this month then no drilling till after Christmas, perhaps February.
I would have thought we would easily see 20c on the back of the drilling results, then November should bring a resource update (upgrade), then a presentation/roadshow culminating in another placement. By then of course, they'll be ready to announce their plans for the new year.
Provided the drilling is positive, which I expect, we should see a significant resource upgrade, and possible re-rating to the 30c level sometime in November. That would still only be a $70m cap, so not too ambitious.
I think it's great how this flies under the radar of traders, but imo is increasingly being noticed by investors.
cosmos
- Forums
- ASX - By Stock
- ALM
- on the move
on the move, page-10
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALM (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.79M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $4.841K | 692.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 4212104 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1669462 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 4212104 | 0.006 |
5 | 1650199 | 0.005 |
4 | 2202501 | 0.004 |
2 | 933666 | 0.003 |
3 | 2750497 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1669462 | 4 |
0.009 | 5133444 | 9 |
0.010 | 4756973 | 6 |
0.011 | 471500 | 2 |
0.013 | 362277 | 1 |
Last trade - 11.56am 18/10/2024 (20 minute delay) ? |
Featured News
ALM (ASX) Chart |