1AG 25.0% 0.5¢ alterra limited

People selling at these prices will be crying hysterically when...

  1. 5,003 Posts.
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    People selling at these prices will be crying hysterically when company starts building the system 5 dairy on the premium land they own. You’ve got to remember this company only has 140m shares on issue with a market cap of only $5m. I would be flat out finding the worst listed company on the ASX about to go bankrupt with 10 billion shares on issue with a lower market cap than $5m.

    A $25m market cap on global world standard system 5 dairy milking 3,000 cows per day for 50,000,000 litres of milk a year at 50 cents a litre would have the share price at 20 cents. If you put a price to earnings of 15:1 on $5m earnings you have a market cap of $50m to &100m with 15:1 being $75m. That would be a share price of 40 cents to 80 cents.

    So if people want to sell me shares at 3.5 cent, be my guest and piss away the chance of a lifetime for impatience and a pittance.
 
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Last trade - 15.32pm 29/03/2024 (20 minute delay) ?
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