Grimdog

AEI ... Did somebody say speculation?

Long
ASX:AEI   AERIS ENVIRONMENTAL LTD
This is my most speculative holding.

Be warned, this stock is NOT some backwater overseas rare earths resource stock, with a couple of blokes holding shovels, standing next a few stakes in the ground in Tanzania. This stock has substance.

The chart speaks for itself and the price action seems to be supporting an earlier move in April, priming for a move higher.

Recent announcements are favourable (to say the least) and the last 4C announced that the stock is now cash flow positive, with accelerating future earnings.

This stock is lightly traded at the moment, so liquidity can be a little dry, drier than a popcorn fart on some days.

Anyway, if you're like me and like a little speculative gem, keep an eye on this!





Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.