The new CFO seems to highlight the way fwd for ALT with the move towards focusing on the IT side of the business. Current trade issues with the US being hopefully temporary in nature.
Latest news from ALT was not really noticed by the market and I suspect the next update will need to be fairly spectacular to get any traction in the SP.
I believe that the share price will rise in the next few months as it becomes apparent the new ALT is going places especially in the US with the college market. A retest of the highs of the last three years is easy to see coming.
The volume of decent size trades is going up recently and might indicate a new holder building a stake. The shares are very tightly held and any decent update shortly will send the SP up to 60p+ in short order.
The target you set of 100p needs a really good update in respect of signed colleges on the next update. I do think Nikki is capable of getting a decent number of colleges on-board but it does take time.
Toxic its still a buy in my book but needs to show real traction in.the US college space before most will acknowledge the new market it is in. The updates after Setember when colleges are all back will be the real test the market should look at. Gaining another 20 or so colleges makes ALT a 100p plus share.
Seems that SCSW has a write up on Altitude giving it a strong buy rating. After the recent good update it seems a very easy stock to pick for a tipsheet.
RE: Trading is "significantly" ahead of last year21 Jul 2023 21:36
Let's hope that ALT can report numbers that will lift the Zeus projected numbers, it will need a very good update or newsflash to get the SP any higher in a meaning full way.
RE: Ahead of expectations...and "Major Contract Wins"....16 Apr 2023 20:11
If the run of company news continues to be upbeat in the form of beating market expectations the ALT SP might get back to the last equity offer level of 68p. ALT in my view is now a better prospect than back in 2019 when this equity was raised.
RE: Ahead of expectations...and "Major Contract Wins"....9 Apr 2023 09:23
SCSW are again giving a write up on ALT suggesting it is doing better than its company broker forecast. If this is true and continues ALT getting to the 2019 valuation numbers could at last be on the cards.