It appears that some of the herd, but not all, have been stampeded
IMO its a combination of stop losses, the need to spend and buy stuff for Xmas, and the uncertainty of what the press says about Donald T that have added to the SP down side!
Big money also has the opportunity to add to the down slide.
Big money can buy and sell their own shares and influence the feeling of mum and dad investors.
IMO big money knows that ALK will be a winner.
So, we have recently seen a huge decline in our SP.
I am not sure whether the price will stop falling, but I am sure that soon we will return to the price that really reflects the worth of this successful and unique gold mining and soon to be REE Coy.
I reckon that big money will soon start buying big time
jusfinkin
ASX Please Explain, page-5
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Last
43.0¢ |
Change
0.015(3.61%) |
Mkt cap ! $259.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 42.5¢ | $437.7K | 1.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34610 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 11017 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ALK (ASX) Chart |