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0.9¢ affinity energy and health limited

The board, Earl in particular, in my opinion don't want to let...

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Surandy70

6,736 Posts.

122

30/01/18

14:11

Post #: 30664177
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Originally posted by Sdaji ↑

I was thinking about buying in during the inevitable post trading halt crash, and selling out in a recovery (followed by a continuation of the down trend, which wouldn't bother me because I'd only be in briefly), but given the nature of the details, I am not sure there will be a recovery at all, and if there is I doubt it would be a big one. This is a pretty small amount of capital raised compared to cash burn, and the proposed plan seems pretty uninspiring, even to the bulls I'd imagine. I'd have thought by now everyone would have expected the algae was dead, and the best way to play the crowd would be to focus on the dope. Looking at the website, it's all algae algae algae, and after a quick look I didn't even see mention of the stoners' favourite plant.

Seems to have been a classic post CR pump.

Have fun

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The board, Earl in particular, in my opinion don't want to let go of the algae as that is where all the relatives and mates are employed. The MC is just the next chapter in how to fleece people from their money.

AEB Price at posting: 3.6¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

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