AL3 0.00% 7.0¢ aml3d limited

Small token of gesture, considering management salaries.TBH, the...

  1. 162 Posts.
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    Small token of gesture, considering management salaries.

    TBH, the options conversion is really chumps change...

    If management really cared about their company, they would respond to the investor email box and market the company.

    The sheer fact that management think about only the long term fundamentals is completely foolish. Perennial Value Management Limited have performance targets and hurdles, and will only hold for so long. Perennial are showing their support now, however that could change at any moment.

    Management need to pull their finger out and realise this is a public company - not a private company.

    The share price closed at 20c today...soon to be in the teens.

    Compare this company to another competitor in the same space, 3DA. 3DA has only held steady and is appreciating now, while AL3 is selling off. 3DA haven't really announced anything significant in the last few months (the last announcement was the 4C in April), but they have been on the front foot with doing investor webinars and commutate about the status of their pending contracts etc. Compare this to AL3 whereby the management team think announcing patents and industry awards will entice and motivate the market to buy stock.

    Yeh, right!

    Unfortunately, it's looking like Perennial will offload stock soon and write this one off against a winner. If you're a share holder, we recommend reaching out to management and asking what's going on? There's hundreds of good products on the ASX. The difference between a good company and a bad company is marketing their product.

    Can anyone tell us what's going on with any of AL3 potential clients/ pipeline?

    Probably not and you can see why the share price is nose-diving, showing a lack on confidence.
    To your first million,
    -Trading For Millions

 
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