AEB 0.00% $2.57 affinity energy and health limited

Ann: Algae.Tec Secures Funding to Fast Track Developments, page-23

  1. 5,568 Posts.
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    What is your higher price prediction based on? It's easy to base something on blind optimism, but if they had reason to think the share price would be appreciably higher in just six weeks, wouldn't it make sense for them to share their reasoning with the public in order to increase the share price *before* raising capital? They have a legal obligation to keep things quiet or make them public and transparent if they are going to release the information. It's fair to say they know everything you and I know, but they haven't given us reason to get excited in any price-boosting way.

    Naturally, opinions based on blind optimism are more popular (and commonly shared!) than reason and analysis, but largely unexplained delays/failure to complete promised plans, and virtual silence don't give me reason to expect a share price increase. Then again AEB has a history of peculiar short term increases (invariably followed by new all time lows, let's not forget), so anything is possible.
 
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