AOH 0.00% 12.0¢ altona mining limited

how stupid is the market?

  1. 259 Posts.
    I'm not trying to upramp aoh here but i am baffled at the current MC of 0.28c x 477M shares = $135M less $70M cash just raised says the market is saying the company is worth a measly $65M. what a joke?

    the upside to this company is mental, which production at finland around the corner , roseby resource expansion etc.

    how can they value rxm at near 0.5B MC when it is at least 2 years away from first production?


    I guess the market really is stupid and irrational.

    anyhow since i am not leveraged I will wait until my shares are worth a reasonable fair price before thinking of selling

    to be that is 90c a share now.

    wish i had more money to throw at this when the stupid market drove it down to 23c recently.

    well this one is for the bottom draw and here hoping 2011 is kind for aoh SHs
 
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Currently unlisted public company.

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