Now that's something I did not expect .... If we get an end of week close on reasonable volume below 0.42c expect further s/p weakness.
If on the other hand, we get an end of week close above 42c and thereafter a series of weekly closes with higher lows the worst may be over for ALK.
Line ball? Dunno, because as much as I like this stock's fundamentals my gut tells me that we could me in for more s/p weakness.
We need management to step up to the plate with some positive progress report (if indeed there is any).
Very disappointed with this one but will hang on and see how it plays out a bit longer.
52 week low for alkane
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Last
48.0¢ |
Change
-0.020(4.00%) |
Mkt cap ! $289.6M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.8¢ | 47.5¢ | $1.265M | 2.583M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 33546 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 1321 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |