This company seems to be becoming a victim of the big end of town who seem to walk a company’s share price up and down until they have squeezed out every available cent, mostly at the expense of retail shareholders who give up and try their luck elsewhere. Then the culprits find another target to exploit.
This behaviour might be called manipulation. It maybe could be called theft but it is most likely legal.
The business is proceeding well both technically and commercially but it’s early days. What is needed is some good announcements of contracts with ongoing revenue, backed up with more of the same. Shareholders require patience for some time.
AL3 Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
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