AL3 3.45% 15.0¢ aml3d limited

Chart thread, page-513

  1. 761 Posts.
    lightbulb Created with Sketch. 205
    I thought about doing that ... Instead I have been averaging down since entering, luckily all sub-20c. So far that is to my detriment, however, my view is CR might be up to 20% discount, we could easily climb that from here before then, although could also keep doing down...

    Anyway, 4.5mil as at December, the company's net outflow was circa $850k. If they get more capital orders that level outflow may hold up, if not I think it'll be closer to $1.25m per quarter, with $385k revenue still owing on machines ordered, so $850 for at least 1 quarter. In summary, the company could make it until the end of the year and it seems thay were cutting costs during last year to delay or prevent a CR.

    So I wouldn't say inevitable as much highly likely and timing could be longer out than many here seem to expect. Although I admit most companies don't wait until they are out of cash before going back to equity markets for more. However, back on timing, we could see 'proper' contracts or sales between now and a CR. Or at least I hope .

    I guess I figured it is cheap now, although there may be an opportunity cost (I could buy even cheaper), and if the AL3 pulls off commercial rollout, then the difference will be minimal in the grand scheme, if they don't then it really doesn't matter the price I paid...

    All IMO, please DYOR and GLTAH.
 
watchlist Created with Sketch. Add AL3 (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
0.005(3.45%)
Mkt cap ! $56.86M
Open High Low Value Volume
14.5¢ 15.0¢ 14.5¢ $217.4K 1.480M

Buyers (Bids)

No. Vol. Price($)
14 454340 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 311962 5
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
AL3 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.