As frustrating it is to watch the "genuine" short-term price these games will end when they're confirmed profitable or when technical traders decide it's enough, hopefully both come at the same time as we saw in 2021. Inversely, the positive hype and games saw it hit almost 50 cents at one stage for the cap raise at 25c. Everyone here can see how quickly it turns.
I reviewed the sentiment of commentators and people on Hot Copper when it hit 10c on the 14th June last year, everyone was acting like it was a sinking ship (sentiment here now) and there was no future... as soon as it bounced, even the nay sayers started becoming hopeful.
As @meetjoeblack said "fine line between optimism and delusion" and we've seen it so many times with ALC. I look forward to December this year for the delayed pipeline to convert and hopefully see more ANZ contracts.
