RE: "ALRT Utter Joke Valuation" according to Tom W3 Oct 2025 07:47
It is indeed a joke value of 76 million when ALRT have no revenues no business, no product, no assets, no IP of their own and have only a tenuous and undisclosed to market strategic partnership agreement that they have failed to tell market and investors what that actually is in terms of structure re revenues - it is Whitespace not ALRT who own and have built these start up 2 projects. In the world of defence nobody jumps in to buy something box fresh just made un trialled! Investors here have clearly left their brains at the entrance jumping in with both feet without asking key important questions and knowing the detail. The pump merchants did a great job but this unproven tech and undisclosed agreement structure between ALRT and Whitespace needs to be known. I think you’ll find as W/Space are the ones doing all the work here ALRT’s job is to provide cash. ALRT is effectively a shell company with access to market so they will need soon to get out the begging bowl to actual make sense of why they are listed. A valuation of 76 million versus hope factor will not prop the SP up forever. There are no contracts coming here overnight that is not how the defence world works buying new untested AI product from a new company even with the connections! Some need to take off the rose tinted specs it’s been a good run but a heavy dose of realism needs to be administered to the ALRT groupies here! IMHO DYOR