First look at this $90M market cap that was receiving a lot of chatter around this time last year in microcap circles as they were doing the convention circuit. The company went 9x in the six month stretch of January to June last year, but then lost 48% of their value over the last three months.
ALUULA is a next-generation composite materials company manufacturing the world’s lightest, strongest, and fully recyclable composite fabric, embedded as the premium ingredient inside the world’s leading performance brands.
Their Q1 financials are about a month old now and the share price has stabilized over the past six weeks. Is this a good time to take another look at Aluula or do the financials suggest there is more downside ahead. Let’s find out.
This article will be re-released without a paywall on May 1st.