Palphptf:
"The float will see the SP of the new company fall initially from the IPO price but it should recover fairly quickly."
"For now, stay strong, look to the inevitable future and hold dammit HOLD."
Well, as all can see, the SP took a bit of a dive today.
I have quite a few shares so the loss tends to be amplified.
It will be interesting read what the Quarterly Cash Flow and Activities Report says.
Just over a million shares got traded today which is multiples of an average days trading. In reality only $99,000 worth.
Hold sell, I wouldn't have a clue. Will the next ANN be good, average or bad.
I draw attention to this ANN:
https://hotcopper.com.au/threads/an...lue-hills.4267947/?get_post=true#.W1gcQW8VRE4
and this ANN:
https://hotcopper.com.au/threads/an...sition.3794259/?post_id=28305183#.W1gdGW8VRE4
With the Quarterly Cash Flow and Activities Reports we should get an idea of the state of play and what part the Carbon Allotropes website plays in Archers scheme of things. I was going to say how profitable it is, maybe that is the wrong question to ask, or maybe it is totally relevant.
I guess we will all find out soon enough.
I leave a sentiment as a buy, dependant on the forthcoming ANN's.
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