Morella Corp Ltd (ALTAF)

[NotRichYet2]

LOL - Well , in that I had some spare time yesterday DID DO some checking out of ALTURA. Only became aware of its existence AFTER CLOSE Friday , so do not have personally any history here. Am actually not much into MINING stocks (only 2%) , more into TECH and BIO-TECH stocks, But on reading up on ALTURA here, I am a bit puzzled. In that it is NOW shipping ore (OCT) and has some large EXPANSION PLANS in the works , from what I have found so far the PPS should be drifting UP not DOWN here. Also the trading volume is to me surprisingly light. So I must be missing something.
At this point am going to speculate the PPS should be higher by the release of 3rd QTR results. That is when there will be at least 2 quarters of shipment info released. Bottom line may still be in the red as they are still pouring money into expansion but in time can see the EPS exceeding the current PPS. JMHO