I’ve got no problem with patience or taking a view but if the speculators push an unproven piece of desert to a valuation of a quarter of a billion dollars are you saying that you’re happy that you didn’t sell out ( when you could now be buying back 12 times your position) and you can now add to your position at 20 cents more than likely?
I’m sorry I don’t buy that. As Kerry Packer said “there’s only one Alan Bond that comes along in your lifetime”.
Assets are there to be sold and imo this company has proven to be a massive case of over promotion. History tells us that former market darlings find it hard to ever rekindle that type of momentum.
Ted
Ann: Trading Halt, page-12
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.320M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $6.491K | 2.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8491261 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14458259 | 12 |
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| Last trade - 10.00am 16/08/2024 (20 minute delay) ? |
| AL8 (ASX) Chart |