It's always very hard to value companies at this stage of development, so that is going to increase the volatility a lot. What has really surprised me is the massive turnover of shares - about half the company in the last week. That means either someone has taken a big stake or there is an awful lot of speculation and really big momentum swings.
I sold on the open today at 18c after yesterday's weakening and when the sells seemed to be gaining the upper hand. I thought it seemed to be forming a base at 15.5c and bought back in, but that now seems premature. Tomorrow will be another interesting day...
AL3 Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
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