A4N 2.89% 89.0¢ alpha hpa limited

Ann: Change of Director's Interest Notice, page-3

  1. 1,127 Posts.
    lightbulb Created with Sketch. 1057
    It's also worth noting this is his second purchase in a week - and Rimas also bought a parcel - both on market buys at 59/60c - above last weeks placement price. Plenty of confidence suggested by those buys.

    On a side note, I've recently taken a quick look at what 4N vs 5N maths determines.
    4N is 99.99% purity, which equates to 100 parts per million impurities.
    5N is 99.999% purity, which equates to 10 parts per million impurities.
    A4N has indicated that it has produced 99.9985%, equating to 15 parts per million impurities - 5 parts per million away from 5N.

    So, A4N are on the doorstep of 5N, but will they get to 5N? It's been proposed that the process will be cleaner at scale, and with the milling improvements and whatever else the engineers are working on, IMO they'll get those last five parts per million reasonably comfortably. They may even smash past them and be approach 6N, but only the scientists will know if the process is capable of that.

    But, I'm not sure it's important. Each time Rima was asked about 4N vs 5N at the benchmark events, he's not paid it much heed - he's just brushed it off. Maybe that is because their existing clients aren't too fussed, and as they are at the upper end of 4N, it's not critical to customer specs. He could be playing a straight bat because A4N just hasn't reached it, or he doesn't want to change the ticker to A5N.
    Or maybe it's just a topic that gives us mugs something to talk about.

    Good luck all.

 
watchlist Created with Sketch. Add A4N (ASX) to my watchlist
(20min delay)
Last
89.0¢
Change
0.025(2.89%)
Mkt cap ! $1.009B
Open High Low Value Volume
86.5¢ 89.0¢ 86.5¢ $2.055M 2.357M

Buyers (Bids)

No. Vol. Price($)
3 29018 88.5¢
 

Sellers (Offers)

Price($) Vol. No.
89.0¢ 18863 4
View Market Depth
Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
A4N (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.