A4N 2.34% 98.3¢ alpha hpa limited

No need for hostility and insults, but to be honest they have no...

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  1. 261 Posts.
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    No need for hostility and insults, but to be honest they have no impact on me whatsoever. Although, I understand that tensions are high given the continuing and on-going sell off. Alcoa walking was a known risk. All investments carry risks, as does A4N, which is now becoming very apparent.

    Obviously, the $1billion market cap. was completely unjustifiable, but well done to those that cashed in along way. The pumpers have made out like bandits on this one! There was even Director selling at those lofty levels - an obvious red flag. Shame shareholders are only learning of this now.

    It looks like ASX300 inclusion has put this on the radar of short sellers who know doubt saw an easy kill, and they have been ripping this apart in clinical fashion. The only real question is when will they be done - 60c, 50c, 40c, lower? They will have plenty of opportunity to cover and mount an on-going assault. This certainly surprised to the upside, so there is every chance that it will surprise to the downside too! I hate seeing people lose money, so everyone should be cognizant of the risks. Clearly sentiment is very bearish when a funding announcement results in a 10% SP decline - clearly another red flag.

    Happy to let the SP do most of the talking, and the trend is not your friend at the moment. Will be watching with interest to see how things turn out!

    https://hotcopper.com.au/data/attachments/5615/5615552-75970b256ff63ff25feadd9155824404.jpg


 
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Last
98.3¢
Change
0.023(2.34%)
Mkt cap ! $1.109B
Open High Low Value Volume
95.5¢ 98.5¢ 94.0¢ $1.652M 1.717M

Buyers (Bids)

No. Vol. Price($)
43 28659 98.0¢
 

Sellers (Offers)

Price($) Vol. No.
98.5¢ 57583 19
View Market Depth
Last trade - 15.04pm 12/11/2024 (20 minute delay) ?
A4N (ASX) Chart
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