AL8 0.00% 0.3¢ alderan resources limited

Copper price, page-4

  1. 11,557 Posts.
    lightbulb Created with Sketch. 154
    The market cap scares many people off, still, me included - even with the massive SP drop.

    It was floated like a balloon by promoters, this stock.

    Never mind the promo HC stuff, always read the FA and SP/MC and compare instead.

    I sort of like it, but the promo team here and behind the scenes inflated the MC way beyond its true worth..

    What was the par value? 20c?

    What did the SP get to? 10 times that amount?

    I'm not saying 'no', just saying 'check the MC and comparable companies etc'. Imo, at this price it's still way too dear!
 
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