I don't understand why investors dump the shares.
Just remember they were willing to pay $1, $1.2 for the company when the annual results had 700k revenue and the end of the year.
Now Althea has 700k quarterly revenue. At June I think the figure was 1,000 patients now it's almost 3,000.
Just a proof that the market is sometimes very irrational when the good news are not reflected in the share price.
The acquisition in Peak has really high targets. Yes they may give 30m total but the 3rd target is 25 mil revenue and 12.5 mil EBITDA.
Just add those figure on Althea's P&L and compare with the other companies trading on the ASX.
I don't understand why investors dump the shares.Just remember...
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