IG must be feeling a lot of pain however I can't see him selling any ASM shares as he just took up his fill in entitlement offer of 1.4Million AUD and of the insto placement , not too sure exact amount of the 15 Million placement. Unless he has some ASM shares on margin !!. I dont know why ASM is in free fall but it does look like it is having knock on effect to ALK, Maybe IG needs funds for other ventures but he must be in lock in period with ALK as price sensitive news is due in next couple of weeks so I would be pretty sure he could not be selling ALK.
Its in his best interests that both companies spa's are higher so I am sure he is doing all he can for that to happen.
Ann: Tomingley Production Update, page-40
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Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $269.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 46.0¢ | 42.0¢ | $600.8K | 1.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21499 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 70077 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ALK (ASX) Chart |