ALY 14.3% 0.6¢ alchemy resources limited

decent shot at major discovery, page-8

  1. 882 Posts.
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    Just to clarify: Are you talking about the fall from 3.5c last week, or the return to 3.5c today?

    Given a fairly illiquid stock, and the recent announcement of what may very well be very significant news, what price level represents the correct one? Who is to say? Why should the ASX enforce an artificially low or artificially high price, or otherwise seek to tamper with the price mechanism? You are asking them to know more about the stock than any of us do ... which is an unreasonable ask. The best I could do is suggest a range that represents the current market price, rather than a point.
 
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