Ann: Annual Report to shareholders, page-32

First 32 Last

Share
Profile

Follow
Splatta

388 Posts.

1

11/11/15

14:12

Post #: 16370717
Share

Originally posted by vontrader ↑

I have bought and sold along the way, there have been numerous times it's been oversold where i've picked them up then just waited for material news or broker pump to exit

This is no different IMO - stock is well under last raise price, people are assuming low newsflow means low deal flow and pricing it accordingly. Will only take one significant US purchase order or agreement of similar nature elsewhere and the heads should multibag alone which would see the options well in the money

Been watching the last few days and the stock has gone from being dumped into 0.5c and offered 0.1c on both ALTO and ALTOA to now 0.6c being line wiped and both the options being bid up. I find it a little coincidental the sudden interest in both after they have just paid next round of corporate advisory fees in the form of 0.5c options

So if I was to guess, I would say some form of newsflow, report, research or similar is on the horizon and they want to get set. I note they are only exercisable based on performance milestones

If ALT stays true to form, it should push above 0.8c on next round of news (putting placement takers in the money) and remove the overhang

Expand

Could the recent trading patterns of the early morning be overseas investors grabbing their fair share?
Maybe the new sales team in the US are getting some early traction.

Cheers

ALT Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

NHF

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Trump is President Again: What Does This Mean for Crypto?

ACW

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint