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MM’s thoughts on ALU and TMH?

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MM’s thoughts on ALU and TMH?

Hi there James and the team! Thanks for your good work. ALU - why is their share price falling? Is Aluminium part of the resources pull back is it something specific to the company? TMH - do your analysts have this company on their radar? Thoughts on it would be good. I purchased a share purchase plan and the company added in some options that expire 13/8/24 at a specific price of $0.0975. I have no idea how these work. Can you explain? Thanks, Kim

Answer

Hi Kim,

Thanks for the thumbs up!

Altium (ALU) is a electronics business, it has nothing to do with aluminium you may have your codes crossed – we like ALU around $28.

Market Herald Ltd (TMH) is a $78m stock market forum, sorry we are not covering although technically it looks ok around 40c. There are some excellent competitors like Grafa evolving in this space. In terms of options, you hold the right but not the obligation to buy shares at that price before the options expire. Obviously, if the share price is higher, the options have value, if it’s lower, they don’t.

 

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The Market Herald (TMH)
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