ALR 0.00% 0.4¢ altair minerals limited

Ann: December 2016 Quarterly Activities and Cashflow Reports, page-6

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  1. 6,043 Posts.
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    I did, highest volume in 6 months and the s.p ended up 1 pip, was sold down to 0.012 the following day, that's a pump & dump to me. I was caught out as I didn't look at their financials properly, today's cash-flow has confirmed what I stated earlier. As for a c.r, who knows maybe it won't happen, maybe one is in the pipes? but when you do the math they don't have a lot of cash backing, I am basing my comment on previous experience.
    I have also stated that I like what I see but I am on the sidelines until some clarity re. finances evolves.
    So if you don't like the C.R. word, then what are your thoughts on CHK financial situation and how they improve it?
 
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