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ACL, ALCHEMIA LIMITED
plastic
post Posted: Jun 22 2019, 08:47 AM
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Did they have any assets to talk of or were they already sold off and shut down?



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What did Uncle Mel do to us?
 
plastic
post Posted: Jun 21 2019, 03:56 PM
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The Drongo strikes!

Curing cancer is out. Marijuana is in.

News coming a week earlier than expected. Bodes well for Pfizer news next week.



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What did Uncle Mel do to us?
 
plastic
post Posted: Jun 19 2019, 07:06 PM
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The Drongo doing some asset stripping on Pfizer's behalf and a new company to be backed in. But what's taking so long? They have had ample time to arrange their affairs.

My guess is the Drongo is having his strings pulled by someone else.




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What did Uncle Mel do to us?
 
plastic
post Posted: Jun 9 2019, 08:24 PM
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Looks like there will be tears before bedtime with this one. No way are those tax credits going to be used. Takeover for chips and reverse takeover coming up. What do you expect with a drongo at the helm?



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What did Uncle Mel do to us?
 
plastic
post Posted: Jun 4 2019, 06:32 AM
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Another suspension. What will happen if they can't get it across the line? The end of ACL I fear. That's the drongo for you.



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What did Uncle Mel do to us?
 
plastic
post Posted: Apr 3 2019, 06:36 AM
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Another suspension. The dropkick drongo might be about to score an own goal.



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What did Uncle Mel do to us?
 


arty
post Posted: Jun 14 2016, 02:12 PM
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In Reply To: nipper's post @ Mar 21 2016, 12:29 PM

The March "revival" looked promising, as if some new business were on the horizon.
That didn't come to fruition, and ACL will be suspended after end of trading today by ASX for lack of sufficient operation.
In other words: It's dead, which the chart showed a couple of months ago.

http://www.asx.com.au/asx/statistics/displ...;idsId=01748636



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I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
nipper
post Posted: Mar 21 2016, 12:29 PM
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In Reply To: arty's post @ Mar 21 2016, 12:22 PM

yeah, thanks Arty.. Thought I had found something, as per SNC wording, and by the time I saw the disposal notice, too late to correct.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
arty
post Posted: Mar 21 2016, 12:22 PM
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In Reply To: nipper's post @ Mar 19 2016, 08:18 PM

That sale has been done already.
There was a volume spike of 70M, roughly 20% of issued capital, on Feb 29th.
Day after, Kentgrove emerged as a new substantial holder, while Sandon ceased to be one.

So, now it all depends on Kentgrove's intentions.

PS: Another substantial holder has also emerged. Shomron appears to be a family trust, but apart from the obvious, I have not been able yet to find out anything about their background and intentions.



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I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
nipper
post Posted: Mar 19 2016, 08:18 PM
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In the monthly published by Sandon Capital SNC - for the month of February and out on 14/03, is the disclosure they will sell their entire 19.9% holding in Alchemia



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: arty  
 
 


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