There is a pattern to AT1's trading everyday just about. Comes out of the blocks in the morning really strong and then drops and goes backwards at the end of the day. This has happened 8/10 trading days from a quick look and also with the positive PS ANNs'.
IMO there is still a lot of be sold off from IPO holders and institutions, and the SP to hold as it has done at these levels is really promising shown by early morning trading and then the sell offs begin.
I bought at 54 cents at the top and will hold until July/August and assess then, but I like this high level selling (without ANNs) happening to clear the path and then the next possibly sales ANN can break out the SP to a large extent.
If the US deal comes through, this will go through the roof. With just Biotech, 80 cents is obtainable. Even if a vaccine is found, it will take months to implement so no need to worry about that I think. In many ways it will be a win/win for all. GLTA
AT1 Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
