I think its definitely a re-rate in progress. Market sentiment slowly changed over the last 6-12 months and that article just collated all of her progress to this point. Then you add on a projection for how she is finishing FY24 off financially and speculate on where she could be at the end of FY25 and this is what you get.
IMO she resists hard 13-15 and bounces off 10 to go higher with a catalyst or just trades a new range around 9-13 cents. Its definitely possible that she climbs to 20 considering market cap and prebious performance but I wouldn't bank on it without another catalyst in the short term. She could definitely be there in a few months though but who knows.
I'm going to hodl on through because I believe there is more in store for FY25. I also can't help myself but stubbornly wait for the irons that have been cooking in the fire for the last 6-12 months to finally turn into something. Need to see it for myself while I'm holding and not on the sidelines.
FY25 is going to be a lot better than the first 3 days of it but don't take my word for it. Do your own research and If you are finally sititng at a tidy profit on this after holding in the red maybe consider de-risking because while things are different this time, a period of silence could always turn this train around.
GLAH.
AL3 Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
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