Only reason a raise comes is because it follows big news come January-March best case.
At this rate they might have 7-8mil in the bank and a half yearly profit come the end of year results. A raise should only come with big plans in the US or a general sort of larger expansion to create increased capacity for new orders in the new year. They said recently that they still have plenty of room for extra orders as things stand so I can’t imagine a raise unless they plan to setup a bigger presence in the US which they obviously will.
She looks to be priming for a U.S. market entry and that would be so good for the SP.
I wouldn’t mind a 2-1 share consolidation either to create a more attractive share price.
AL3 Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held
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