1AG 2.27% 4.5¢ alterra limited

Ann: Becoming a substantial holder from SNC, page-78

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  1. 10,600 Posts.
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    Glad I don't use you as my forensic detective. You might want to revisit points 2 and 3 and even the last one is questionable highly based even though I see folks post comments on locked in revenues to 2027 they are largely irrelevant if they can't cover costs as is the case.

    In case I haven't mentioned it, watch what Sandon is up to. Their last entry point was ~5.5 cents whereas Wilson ran away at ~6.6 cents and Sandon now has a holding over the key 10% threshold. An indicator or intent but that that intent is only known by Sandon it would appear given the ASX Price query response.

    So anything near or around 5.5 cents (or less if an earlier holder) is possibly a good punt as they wont sit on this holding and do nothing, certainly not after moving their holdings from the 5% to the 10% threshold.

    The flip side is IF they (sic Sandon) do decide to exit then run, fast, very fast....and get out with whatever is left to preserve capital and redeploy elsewhere.
 
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