Yehp, it's really really disappointing to see management destroy what could be a market leading company with poor communication.
With 12 million shares left to sell (at a steep loss), Perennial Value Management will probably cap the upside for the next 6 months or so...unless management change their communication style (which is highly unlikely) or announce a big deal.
18 cents nearly gone...
It's literally a race against the major shareholder to get out now.
@Oaktree16 your 15c price target seems almost inevitable nearly any day now.
AL3 should spend some serious money employing an in house investor relations person to keep the market updated and incentive new investors to buy. At the very least, they need to reply to investor emails. At times like this, shareholders tend to throw in the towel and it could get very dark from here for shareholders.
The lighthouse deal is the only thing keeping us interested. But no point even buying when the major shareholder is selling/capping the price and shareholders are kept in the dark. It's unfortunate, since we think AL3 could become a market leader with a change of communication style.
16.5 cents is an important support level. If that's broken, then it's all down hill from there.
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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $47.38M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 12.5¢ | $52.94K | 407.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 389605 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 262174 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 389605 | 0.125 |
30 | 827227 | 0.120 |
13 | 581956 | 0.115 |
10 | 1108416 | 0.110 |
7 | 509333 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 262174 | 5 |
0.140 | 598220 | 8 |
0.145 | 613732 | 7 |
0.150 | 1143194 | 12 |
0.155 | 486016 | 8 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
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