ATH 11.1% 0.5¢ alterity therapeutics limited

words of warning...., page-12

  1. 56,502 Posts.
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    Skint, she listed in 03/00 at 50c per share then began at $1.00 odd then quickly fell to 25c. Her market cap has increased by 500% in 8 years.

    She has not been 70c since 10/04.

    If she can pull 80c, she'll hurtle to a $1.00 and may come off a bit, however, their is historical resistance between 70 and 80. I think the 07/06 spike hit a high of 80 so remember that one as it is sig. (5.53 vol closing at 49) hecne the tremendous achievement for the share price today (with further dilution). Unlisted options also sig.

    We do need the JV or a cap raising is just around the corner. If she gets to 56.5 on any pullback, I'll take mine and leave again. I'll give her 2 weeks to review while hoping for a follow up ann here but remember the prev $7.8m raising was in Nov 2006 which is 4 or 5 months after the 07/06 spike so their may be more room here than I think.

    Good luck.
 
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