Perhaps we're looking at it mostly with an insider view - we hold, so we are naturally inclined to want and expect things to go well, whereas *potential* holders are going to naturally take a more rounded or downside-aware view on the near term future.
For me, this has always (since IPO, anyway) been intended as a long-term industrial hold, and I see any parcels that I've managed to pick up at lower than IPO price as being an opportunity to reaffirm my faith in this kind of emergent manufacturing technology. I suspect that larger players might be happy to reduce their risk a bit and move in as the company proves itself out with e.g. more contract pipelines, maybe at a point where orders take up available slack manufacturing capacity.
Remember that some of the fund raising in the ~2020 era was to build out overseas facilities - OK, we've circled around and are approaching that from a different angle - but the medium term play here is still expanding the manufacturing base AFAIK. That will need a chunk of extra capital and I suspect it's that next-big-step impetus that will see a consolidation around the higher valuation market cap as others have spoken to so well upthread.
- Forums
- ASX - By Stock
- AL3
- $12.2M revenue for the last 12 months
$12.2M revenue for the last 12 months, page-9
-
-
- There are more pages in this discussion • 53 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 AL3 (ASX) to my watchlist
|
|||||
Last
21.5¢ |
Change
0.045(26.5%) |
Mkt cap ! $81.07M |
Open | High | Low | Value | Volume |
18.0¢ | 24.5¢ | 18.0¢ | $7.951M | 37.15M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 113000 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 417810 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 113000 | 0.210 |
14 | 700072 | 0.205 |
23 | 714490 | 0.200 |
7 | 220800 | 0.195 |
12 | 186686 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 303501 | 7 |
0.220 | 273858 | 8 |
0.225 | 453460 | 5 |
0.230 | 374453 | 7 |
0.235 | 555283 | 7 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
AL3 (ASX) Chart |