Agree. I got back in today. It reeks of a large holder selling down but it feels far too cheap at 60c to not add a few.
I’ll be looking to see if Gandell has sold more or if someone like VanEck have reduced ALK in the GDXJ fund. Whatever this is, it’ll be exhausted soon enough and then this artificially low price will snap back when buyers see the the selling stop. But until then, buyers will watch from the shadows and wait.
Alk Chart, page-1019
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $303.2M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.8¢ | 49.5¢ | $308.8K | 617.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 76711 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 24334 | 12 |
View Market Depth
| Last trade - 12.11pm 26/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |