Amazing what 24 hours does on the markets. This time yesterday ALC was dropping like a lead balloon back to 9c. During those hours in the afternoon it eventually got punished down to 8.3c by panickers who suddenly forgot why they bought into ALC in the first place.
I can assure you that nothing has changed in ALC from 24 hours ago.
I have posted a few times about not worrying too much with daily movements. When in doubt, spend a few minutes considering what attracted you to this company in the first place.
Sometimes it is worth taking the time to convince yourself not to sell when things look bleak providing the story stacks up of course.
You will genuinely find once the panic is over that the buyers will come back and the stock that was sold is now safely in some other investors portfolio.
Patient care and the need for reducing the costs for this care will always be critical and necessary. That is why I was dumb founded with yesterdays dump and I posted yesterday declaring how crazy shareholders and investors were behaving.
My mistake was not buying more, but the craziness of the situation made me think there might be more to come.
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Last
7.3¢ |
Change
0.007(10.6%) |
Mkt cap ! $98.00M |
Open | High | Low | Value | Volume |
6.8¢ | 7.7¢ | 6.6¢ | $409.4K | 5.741M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 220551 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 220551 | 0.073 |
1 | 340874 | 0.072 |
3 | 301768 | 0.070 |
1 | 250000 | 0.068 |
2 | 196662 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.074 | 5000 | 1 |
0.077 | 13950 | 1 |
0.078 | 171888 | 3 |
0.079 | 185474 | 3 |
0.080 | 419214 | 9 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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ALC (ASX) Chart |