All i can say is that ive reloaded with ALA over last few days, and yes IMO CHM is undervalued & thats why ive taken a position.
Unfortunately, in this part of town, the ones making the easy (no risk) gains are those in the inner circle, and this trend seems unstoppable. ALA provides a good recent example. Before the last CR, they sold and also shorted the stock by 4 million, causing the share price to drop from 17 to 11. The CR was then issued at 10, and the shorts were covered once the capital raising was completed.
CHM Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)