It was not my intention to offend anyone.
Merely stating a proven definable fact.
If I didn't care about other people, I wouldn't spend the time sharing my research on here or bother to comment
on other's assumptions even when I know they are statistically incorrect.
I make no apology for selling back in April.
Those were practically all profitable trades.
I make no apology for re-entering between 10c to 20c below my previous selling price.
Not a fan of the CFO TBH.
That hedging agreement looked rubbish the first day it was entered into it.
Why would you cap your potential profit in a highly inflationary environment?
Having said that I commend his decision to open the 150k oz 3k strike put options. Yes, the puts 7 million value seemed steep but at least options do not cap future gold price movements.
Re-financing the bank debt was another solid recent move by the CFO.
For the record I made money trading ALK last time however I still do not believe it was a good trade due to opportunity cost.
You're right, I'm underwater on my newly entered ALK trades however I have strong conviction that this will ultimately turn out to be a fantastic inverse risk reward play.
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Last
42.5¢ |
Change
0.010(2.41%) |
Mkt cap ! $256.4M |
Open | High | Low | Value | Volume |
41.5¢ | 43.0¢ | 41.5¢ | $156.7K | 372.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 88707 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 18718 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 88707 | 0.420 |
10 | 104177 | 0.415 |
9 | 83027 | 0.410 |
9 | 43162 | 0.405 |
10 | 138430 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 19000 | 14 |
0.430 | 148541 | 8 |
0.435 | 124324 | 12 |
0.440 | 109907 | 5 |
0.445 | 125917 | 9 |
Last trade - 12.00pm 28/08/2024 (20 minute delay) ? |
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