ALR 0.00% 0.4¢ altair minerals limited

"you don't get killed jumping out of a ground-floor...

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  1. 7,898 Posts.
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    "you don't get killed jumping out of a ground-floor window"

    Unless its NOT the ground floor@Linebacker11

    Based on the quarterlies, it looks like another cap raise is imminent. Cash burn far too high, and Q3 looking like "rinse and repeat" for ALR. Too many promises, not enough cash Linebacker. Not the "ground floor" - Perhaps not even the first or second. 20% down on Friday, so let's see where we go in the coming days. Consolidation and further cap raise a high probability IMO. Waiting for a lower entry point on this one.

    Thanks for the tip LB - Will buy in when it gets to around 0.2 I think. Appreciate the heads-up on this one.

    Kit.
 
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