I expect it will crack through $0.45 tomorrow. With a short trading day will we hit $0.50? With news I think it could hit $0.50 but I don't expect we will hear news until the new year. Without news I still think it will trade in mid 40's and touch $0.48 before the close of trade 31/12. Next week we should see $0.50.
Yesterday ALD appointed a director to CRB, a company for which they are the major shareholder. They have good ground in WA but no cash left. With gold expected to perform well next year, I have a feeling ALD may be preparing to fund CRB operations in the near year with surplus cashflow and build more of a local gold mining presence.
von.
soon to be 50 cents, page-12
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Last
$32.80 |
Change
-0.260(0.79%) |
Mkt cap ! $7.816B | |||
| Open | High | Low | Value | Volume |
| $33.10 | $33.10 | $32.37 | $72.85M | 2.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1535 | $32.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.80 | 150 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ALD (ASX) Chart |