AOI alto energy international limited

I've held stock with Alto since prior to the Lach Drummond...

  1. 1,712 Posts.
    I've held stock with Alto since prior to the Lach Drummond merger. Part of the merger involved an 8 to 1 consolidation. At the time of the merger announcement Lach Drummond stocks were trading @ 5.5 cents.
    Since then the merger has created a stronger company with a huge gas reserve and now 9 wells producing an ever increasing volume yet the stocks have continues to decay away to incredible lows. At a pre-merger quote they are now close to 1 cent.... ? All this on the back of continual postive announcements. If anyone has an idea as to why the stocks are being so badley recieved... ie lack of faith in management etc I'd love to here it.
    Much appreciated!
    C4
 
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