I can't see the share price moving much till after mid 2021 . If it ever does go up but with more stock on issue that will struggle to get back to any highs. after the new plant is running. Can they do it right and under budget ? Naturally assume some teething and commissioning problems. have my doubts it will be smooth.
Remember anybody can grow a market cap with out making money or money for shareholders.
Plant Capacity is a bit of a issue. They didn't mention what capacity They are running at now. So they are not been very transparent saying the real numbers. I doubt they will tell you if you ask.
They will most certainly need raise more money. How they do it and how much? Spp has been a fail last few times as much as they call it a success. Will weigh heavily on the share price. If they don't make a profit till after mid next year.
I would not lend them money based on ahf performance if I was a bank. Do they have another morrell lined up to donate another 5 million ? That worked out well for him didn't it if it was 'his money' we know how the votes went because of it.
They can't keep up with the Jones even if they buy one which they did so to speak.
AHF Price at posting:
6.1¢ Sentiment: Sell Disclosure: Not Held
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