People are probably concerned about what will be reported on the 24th November. I have to say that Im surprised that this company has been smashed down to these levels. ALS is a global business and I wouldn't be surprised to see a major competitor launch a takeover bid if the market capitalization of ALS continues to head Southwards. Companies like ALS with its global focus could provide a good opportunity for a competitor. Personally I would be sad if it happened because Australia would lose another global business. Anyway all of the above is just my speculation. If the price continues to fall further then I would seriously have to look at topping up.
hammered, page-8
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Last
$14.26 |
Change
-0.160(1.11%) |
Mkt cap ! $6.910B | |||
| Open | High | Low | Value | Volume |
| $14.43 | $14.55 | $14.25 | $12.69M | 885.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $14.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.27 | 1658 | 1 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ALQ (ASX) Chart |