Plus those who make the mega bucks buy when severely undervalued like it is now and the market thinks it's the equivalent of poo on a stick but with the opportunity of significant reversal of market sentiment. Alterra has a market cap of only $3m with 4 times the assets. It has long term blue chip contracts for revenue in place and a very tight free float. One significant material announcement will offer the potential of a $30m market cap which is a Disallowed return. A $30m market cap is peanuts for a listed company.
So despite the market sentiment right now, a significant windfall is quite possible. Pretty easy to buy and love a popular company with great sentiment. But those rarely make such significant returns than those who take a punt on the ones that are solid on paper and just in need of direction.
- Forums
- ASX - By Stock
- Market update on S5 Progress
Plus those who make the mega bucks buy when severely undervalued...
-
- There are more pages in this discussion • 172 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1AG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online