I have re-entered this stock in the last fortnight after an absence of 10 months.
I would never had envisaged that the stock would pull back to these low levels.
The risk/reward ratio at the current price is unbelievable.
In the last two days I am getting the impression of a serious buyer lurking.
Maybe even the executive chairman has decided to increase his stake. I would think that now is a period that the chairman would be able to obtain permission to buy. If he is the buyer, we will be advised by the ASX in the next 24 hours.
Now is the time to tie up all the loose stock in the 1.5 to 2 cent range.
Serious Buying
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 (20min delay)
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $17.18M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $5.2K | 1.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3544341 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 15969359 | 21 |
View Market Depth
| Last trade - 14.34pm 09/07/2024 (20 minute delay) ? |
| ALR (ASX) Chart |