ATC 0.00% 5.0¢ altech batteries ltd

Hi ooaahh99Thanks for that. What puzzles me is that previously...

  1. 156 Posts.
    Hi ooaahh99

    Thanks for that. What puzzles me is that previously buyers were coming out of the woodwork, pushing the share up to almost 60c. Conveniently, placements were done then in the 40s. A coincidence? Mmmm?

    Now, if all is coming along nicely, where are these buyers? Why does the buy side of market depth look like a ghost town? Yeah sure the company has disappointed with past announcements, hence Oz buyers have kept away. Perhaps they dont even understand the stock. But I would have thought overseas buyers, astute buyers would see just how undervalued this company is and what an opportunity buying now represents, whould be buying with their ears pinned back. You mentioned Biddle and his credentials and why would he join this junior telco. Why isnt he buying if the share is at bargain basement prices?
 
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