Key Questions to Address - Jan 2019, page-54

First 54 Last

Share
Profile

Follow
champkan

9 Posts.

24/01/19

13:21

Post #: 37211941
Share

Originally posted by luanboo: ↑

Sharpey, I feel reasonably comfortable to continue holding my investment in Alliance Mineral and will continue to accumulate on SP weakness, like the latest round of sell down.

What has changed is my expectations, as explained below.

As my earlier post, I do feel tired holding AMAL since Sep 2016, after going through the many wild swings with the old AMAL sagas, almost 1 year of merger proceedings and recent sell-down due to ineligible holders. It seems like we were always waiting for the next milestone and when the long wait was finally over, the outcome doesn't seem to match the expectation and we were off to continue waiting for the next milestone again. On the hindsight, this is all just parts of the "growing pains" of every business entity. And there is really no short-cut, no matter how much we want it to grow quickly, the business have to move in steps and deal with the many hiccups along the way. Unfortunately for me, the 2016/2017 upswing in the battery materials sector had probably caused me (and probably many other investors) to have misaligned expectations for the sector and naively believe AMAL will take the super accelerated growth path. I have readjusted my expectation and reset my timeframe to this investment.

(If you would like more discussion, you can PM me on TW @luanboo, or drop me an email at [email protected])

Expand

do not know what you guys think
do you guys feel that we are being mined?
sorry, the word should be "undermined"?

watch how gxy today being whacked out of the galaxy!

A40 Price at posting: 21.0¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ASX Market Close: ASX closes above 8,400pts on green Wednesday | Nov 27, 2024

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 2 more messages in this thread...

First 54 Last

Add A40 (ASX) to my watchlist

Key Questions to Address - Jan 2019, page-54

Top Stories

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ASX Market Close: ASX closes above 8,400pts on green Wednesday | Nov 27, 2024

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects