AHQ 0.00% 1.3¢ allegiance coal limited

News: AHQ Allegiance Coal Completes $10 Million Placement, page-6

  1. 2,290 Posts.
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    Lots of people take placements in this bull market for the "post raise pump" and when that doesn't eventuate, they sell and look for the next likely pump.

    The raise went mostly to instos and not social media pumpers. Instos don't care much for pump and dumps, they're looking for accretive growth in their holding.

    AHQ is an easy one to hold. The margins are great and allow for downside in the met coal price, even though I think met coal outlook is bullish as economies gear up through infrastructure programs.

    Comfortably holding this one and can't wait for production. Great to be fully funded without additional debt on the balance sheet.
 
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Currently unlisted public company.

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