Dank
Welcome to another winning stock.
ACL appears to be a different kettle of fish to BTA. I haven't been here long but from what I have viewed (by comparison to what I have experienced at BTA) Bots appear to have left this stock alone.
ACL is tightly held and holders have been very patient (some might say long-suffering) and the stock has not had the ups and downs that Biota has experienced - maybe a reason why it has escaped the attention of players.
Once the good news announcement comes, the way I see it, it is money in the bank, growing at a much faster rate than the sort of royalties Biota has been used to in the past (although we know the future is looking mighty good now for Biota since the large US govt grant).
Pipeline and technology looks good; management are in favour with holders; and so this all looks like a solid foundation for growth.
The 2-3 cent swing pattern we are experiencing with ACL at the moment is not having any impact - I wouldn't even call it nuisance value.
The stock is in a holding pattern waiting for approval. To me, its like a pile of bright opals sitting on the main thoroughfare (if there is one) at Lightning Ridge, just waiting to be picked up.
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