ATC 0.00% 3.7¢ altech batteries ltd

YanlinI am happy, however, years of holding this stock for sooo...

  1. 156 Posts.

    Yanlin

    I am happy, however, years of holding this stock for sooo long has bred caution. You should note in point 3 that I note on a conseravative p/e of 8, I see the stock should be around 53c.

    I put this proposition to you. Given that they have payment felxibility now, why be in such a rush to place stock at say 27c as you suggest. When some real profits are being earned and the market is infomed of this, a more realistic placement price should be around 50c (as yes by then you should finally get some instos on board)
 
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