1AG 2.27% 4.5¢ alterra limited

Thanks, for your comments AO. My prediction of above 7 cents...

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  1. 796 Posts.
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    Thanks, for your comments AO. My prediction of above 7 cents from next week is based on the followings:
    1. over 23 million shares off-market transfer occurred at 6.7 cents.
    2. SNC bought over 7 million shares from Wilson (apparently, pre-agreed ) on market approximately for 5.8 cents.
    3. Someone has made an off-screen buy of millions of shares at 6.1 cents over the last few days.
    4. Over the last few weeks, SNC has doubled its holding and Managing Director, Mr. Andrew Mcbain had increased his holding by 50%.

    As you very well know, the company has only less than 140 million shares. After removing, Directors' and SNC holding, the number of free-floating shares must be less than 70 million shares. Top 20 must be holding a large majority of the free-floating shares. The company is looking to enter the dairy sector. Considering all these, do you really think, a plenty of shares are waiting to be offered below 7 cents?
    Last edited by Ausbert: 15/04/18
 
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Currently unlisted public company.

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