XAO 0.53% 8,235.7 all ordinaries

Short Term Trading Week Starting: 19 November 2018, page-31

  1. 23,919 Posts.
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    SP3

    The insanity continues

    Ticked into new all time low of 18.5c on 6k trade ... it looks like a certain broker with a past relationship has some bad blood, otherwise this is just moronic selling

    AGM is this Friday, the presentation should be a cracker

    $2.4M cash, $1.5M stock, trading now at <$10M cap and had revs in Q3 of $1.1M (up 40%) - should be CF+ in January quarter

    Has just been orphaned on market with zero support

    Clearly PAC don't have their fill yet and haven't kicked it into gear. We know they can move stocks, AGH opened up at 250% premium and has Aphira as 25% holder ... so i think soaking this under IPO price prior to AGM is a gift
 
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