ATC 13.0% 13.0¢ altech chemicals ltd

Bitten by the bear

  1. 8,034 Posts.
    Interesting that this company is growing very well and looks set to be very profitable in the near future.

    After some accounting I have a target of near $20 million Aud per annum of revenue.

    A total staff of 20 people and currently trading at a year end projected PE of 2 at current share price.

    Go figure that one batman, is it tax loss selling or T10 and T3 exiting, is it the bite of the bear?

    All looks go but the selling says no, lets just hope it is the tax loss selling parade.
 
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