@SuperWealthy
I will be cautious so as to not be moderated
But it may be worth a look at stocks that Alto have been involved with, either as lead broker, sponsor to IPO or placement etc
SP3
PRZ
DEM
FZO (before BW got the mandate)
I genuinely think the rally in SP3 originally was due more to Asssad tweeting about it and the O&G leak potential rumours rather than anything Alto contributed
I don't think I've ever seen one research report on SP3 by Alto, tweet from an Alto broker on the stock, tip or recommendation etc
As I've said a few times, there are 2,000 stocks on the market. When you essentially have no support and no lead broker (as we have had), than regardless of the story you aren't going to get noticed
Purely as an example, look at shells of Jason Brewer that can happily sit at $15-40M EV's at some times - IMO this is largely due to promotion on social media as A) they are essentially shells and B) he doesn't have runs on the board or revenue generating, producing assets or completed deals assets (as far as I know)
So how are shells kicking about at double or triple our market cap ?
Obviously two things:-
1. They are being heavily promoted (and pretty well at that)
2. Their shareholders are pricing in 'future potential'
That is both of SP3's issues right there. There is literally no one promoting the stock and the shareholders really aren't being informed of the future potential
- The cannabis protection potential is huge
- The Shark Warning System, especially in WA has a massive chance of roll out this summer IMO
The market isn't even pricing this fairly on current financials from just solar and thermal sales let alone some added upside for the above 2 sectors ...
They've flagged becoming CF+, scrapped the need for the added placement facility etc ...
My hope is that when PAC are appropriately set, this gets the promotion it deserves. Look at some of the caps and performance of their stable like TTT, CAN, AGH etc ..
Someone is playing around in the stock ... they opened the spread up to the lows 3 times the other day, offered it at 19c today after a 22c trade etc ... it looks to me like an attempt to shake supply (given there is none). I've been soaking at 18.5c and 20c recently
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@SuperWealthy I will be cautious so as to not be moderated But...
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $4.942M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $3.486K | 205.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45460 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 649122 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 260900 | 0.017 |
4 | 1222190 | 0.016 |
1 | 20000 | 0.013 |
1 | 50000 | 0.010 |
2 | 200000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 100000 | 1 |
0.019 | 162000 | 1 |
0.021 | 203398 | 1 |
0.022 | 109551 | 1 |
0.023 | 700000 | 1 |
Last trade - 12.33pm 27/11/2024 (20 minute delay) ? |
SP3 (ASX) Chart |