Agreed. My views on AL3 have changed substantially recently....

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    Agreed. My views on AL3 have changed substantially recently.

    Jan-June .... with the quiet run of new orders had my doubts if the Arcemy strategy was really going to get enough sales and was thinking of fully exiting at around $0.25 and taking some nice profits for another investment. Was kicking myself when I did not pull the trigger in July with the $0.25 peak, as normal greed takes over holding out for bigger profits, changing the target to $0.30. Hindsight (as always) says this would have been a master stroke to sell & reinvest at sub $0.15. Have since bought some with the low priced SPP and then more around the $0.20 mark.

    My view on AL3 has changed substantially post June. Even though they have not secured lots more substantial orders, some of the agreements (Navy,Boeing), creating the US facility gave more confidence of success being based in US. More recently, the US Navy directive to suppliers on 3D printing, Euro opportunity, the major expansion in US facilities and the most recent interview with Sean by Alan Kohler clearly indicates a real confidence on the future of this company.

    AL3 has changed in my opinion to a long term hold, taking some profits on the ride up. Who knows have far it will go. Versus a sell at $0.25-0.30.

    Clearly they still need proof with actual orders. This is just my opinion (maybe with rose tinted glasses). Not advice, DYOR.
    Last edited by bjk007: 07/12/24
 
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