New shares under the entitlement offer issued next Tuesday and start trading on the asx next Wednesday. There was always going to be a sell off and I would not be too surprised to see the sell off continue next week. After that however things should stabilise and its back to progressing Tomingley and Dubbo.
Dont be too worried. Like I have said many times before when Alkane takes off we could see a 20% rally in a single day. Will use any additional sell off next week to top up.
why the big sell down today?, page-5
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Last
55.3¢ |
Change
0.013(2.31%) |
Mkt cap ! $334.9M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.5¢ | 55.3¢ | $641.4K | 1.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 413297 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 182072 | 24 |
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| Last trade - 13.53pm 17/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |