Munch,
I agree with you and note that the MD, Des Randall is also copping a hammering for his autocratic management style and unnecessarily talking up ALL's prospects.
The result is that ALL is very much in the dog-house and ALL is now cheap.
Once the dust settles ALL will rebound to well over $2/share.
ALL is now trading on a P/E of just 10 and I think that this 'kick in the guts' will ultimately be good for ALL.
I think that ALL will recover to be close to $3/share over the next few months and that makes the ALLIMF a big buy.
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vol slowed right down !, page-11
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Last
$55.26 |
Change
0.600(1.10%) |
Mkt cap ! $34.83B |
Open | High | Low | Value | Volume |
$55.10 | $55.45 | $54.54 | $46.97M | 850.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2645 | $55.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$55.45 | 10 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2645 | 55.250 |
1 | 3000 | 55.210 |
1 | 6096 | 55.070 |
1 | 365 | 55.050 |
1 | 1333 | 55.030 |
Price($) | Vol. | No. |
---|---|---|
55.450 | 10 | 1 |
55.490 | 3934 | 2 |
55.500 | 1136 | 3 |
55.520 | 407 | 2 |
55.530 | 3297 | 1 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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ALL (ASX) Chart |