can't argue with that. and I think that is what newB thought.. short term impact on the SP.
IG selling back in 2022 and early 2023 had longer impact though as ALK handled that sale really poorly. And IG's behavior during the Annual preso was terrible - that comment was absolutely disgusting despite being factually correct.
This time around ALK handled the sale better and it will be short term impact as per your post - unless IG dumps again in few days time. Then the impact could be measured in months unless POG makes really big moves upwards.
and yes, the potential, at these prices is just too hard to ignore.
Ann: Director Share Sale, Appendix 3Y and ASIC Form 604, page-61
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Last
44.0¢ |
Change
-0.015(3.30%) |
Mkt cap ! $266.0M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 43.5¢ | $306.2K | 689.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29806 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 37979 | 3 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| ALK (ASX) Chart |