InvestorsHub Logo
Followers 21
Posts 691
Boards Moderated 0
Alias Born 04/13/2012

Re: sun_life post# 519

Thursday, 10/11/2012 1:11:19 PM

Thursday, October 11, 2012 1:11:19 PM

Post# of 932
Yes, I watch ASIUF daily, and have realized that there is a trader that either sells a small amount of shares every morning to push the price down to $0.042 a share, so that they can pick up more shares at the $0.04 - 0.05 range, however, as of late, there seems to be a push, or a round of buyers that are keeping it at the $0.06 a share.

If you look at the number of outstanding shares, and the revenue potential from the very first set up on top of the Vancouver parking lot, there does not need much profit per share, to show that the share price is highly undervalued, particularly that share prices is usually a future outlook of a company's future potential, hence Lulu stock is so high, and Rimm is so low. If however, once Alterrus does begin to make some earnings, which will most likely go towards expanding, and the share prices still dont move, which I highly doubt, all the company needs to do is offer a one time profit dividend, and the stock price will shoot up, as it wouldnt take much of a dividend to make this a worthwhile stock to buy. e.g. a $0.01/share dividend would mean a stock holder would get 14% of their investment back right then and there (using the 0.07 cents per share cost basis). And to get a $0.01/share earnings, all Alterrus would need to make is $1 million which is not much for a company targeting one of the larger cities in Canada, or North America for that matter.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.