I picked up 25k shares via RBC today at 14. There is no leek, simply buyers are looking at the full story as a long term hold, sellers are pest from the delays and are bailing at a loss.
Who will win at the end is what matters. I believe that management has had some problems in ordering their batches produced. This was due to the fact that Alda’s batches would be small as a start up, but I believe that this has been taken care of or soon will be.
Reading the shareholders update one should believe that the first two weeks of November should have some beef.
I believe that if Alda gets the US listing by the end of this month, then we will be getting a new audience willing to hold till the story unfolds.
MMN