RE:RE:RE:Related to TXG?
Well, I wouldn't expect TXG to impact all or none, not just ALO, but it may play a role. I think the primary driver is the miss, combined with tax loss selling, and probably something else - perhaps just the delay in stripping or the minor forecast adjustment down of the whopping 4000oz in FY18... Drill results should reinforce the high-grade nature of the project - or perhaps that is an issue as well - who knows...
Not a lot of sense imo, but one thing is certain... low float stocks are subject to volitility, and that is what we are seeing. 16% down in 5d just doesn't make sense from a valuation perspective.
Long, but not overly happy this week.
B