You keep saying you're focused on the bankers which in this case I think you mean the new investor, Alpha Professional Holdings.
What I'm saying is that they could care less about the asset values, market cap and share price.
What the past experience shows is that this "banker" as you put it, has a quid pro quo arrangement with Peter Nathan and co.
They contribute $2.1M via the share placement and in return they will be the exclusive supplier for AHF (via the presumed sub-entity Mutree Science and Technology Limited). The next step is that Peter Nathan will then further reward the supplier with "incentives" such as stock for buying increasing volumes of the product. On paper it will seem like sales are increasing but in reality, most of the tins will sit in warehouses somewhere unsold.
The market thinks sales are increasing, the SP gets pumped, then the insider selling will begin. They (including the bankers) will be cashed out long before the relevation that, hang on, we have all this stock we can't move and need to discount or dump. Product will be sold at a loss and therefore it's impossible for newer product to command the same pricing. At that point for a company like this it's over.
- Forums
- ASX - By Stock
- Survive and boom 3+baggers target
You keep saying you're focused on the bankers which in this case...
-
-
- There are more pages in this discussion • 3 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 AHF (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $14.12M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.9¢ | $580 | 30.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1208 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 218665 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1208 | 0.019 |
5 | 4633332 | 0.018 |
3 | 364823 | 0.017 |
2 | 300000 | 0.016 |
1 | 55000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 218665 | 5 |
0.021 | 122000 | 3 |
0.022 | 245000 | 2 |
0.024 | 334621 | 2 |
0.026 | 361158 | 1 |
Last trade - 15.16pm 09/10/2024 (20 minute delay) ? |
Featured News
AHF (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online