A4N 0.00% 86.5¢ alpha hpa limited

Have to agree. Market Cap. of $1 billion was ridiculous for the...

  1. 258 Posts.
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    Have to agree. Market Cap. of $1 billion was ridiculous for the stage of development they are at. Correction was inevitable, and it has been swift and brutal, so no reason to think it is over yet. As I said before, sentiment is very bearish - another 'positive' announcement, and another sell off. Is 60c / circa $500 million market cap. cheap? I would NOT have thought so! Implies earnings of $50 million per year. Yet there appears to be a lack of customers at this point in time, so obviously the market will discount accordingly. A 66% pull back is still on the table in my mind i.e. 40c. This would be great for those folks who love to catch a falling knife! As another poster stated, small caps. not fairing well at the moment with the flight to safety / cash. Danger Will Robinson, danger!
 
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