I trust you made some easy money on this one and good luck with your alternative share picks going forward. I can’t imagine you’ll be back in at Dec.
we’ll either have had a good couple of announcements and be well and truely higher or no material announcements at all and be less than half. I cant imagine you would want to buy into a company thats gone no where but down and not making any progress but quickly burning cash?
I dont know if your being intentionally fallacious or you genuinely think lack of passenger ships coming out of singapore is really going to break this company (hint think cargo). As for $68mil market cap on no revenue. This has already been discussed - at this stage your buying the IP and potential. It might be a dud or WAM tech might be what TTT has always tried to accomplish. If the $20k design work turns into a commercial agreement with Austral, if lightforce come through, if he bought the additional five machines for an actual purpose... then a $150-200mil market cap on a little hype is easy.
who knows with these speculative micro’s. It’s to soon to tell with this one and I can understand taking a little profit... but getting out might be one of those classic stories you tell your mates about over a beer in future... the day I sold AL3 for half a buck
AL3 Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held
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