Most likely a major shareholder has dumped the stock in recent days - for reasons other than the fundamentals behind the stock ( because if you are a holder, there has only been positive results/news since AKO listed). Should have depressed the price further but at these price levels, plenty of support from smaller shareholders like myself. All we need is one large buyer and the price will recover significantly.
Still all good news from the company so fundamentally the future remains very positive. I still regard AKO as the most undervalued iron ore play in the world and at these price levels, almost worth going into hock for (but I can't afford a divorce).
AKO General Discussion, page-115
-
- There are more pages in this discussion • 611 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AKO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $15.06M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $4.531K | 36.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 29629 | 1 |
View Market Depth
| Last trade - 15.34pm 08/08/2024 (20 minute delay) ? |
| AKO (ASX) Chart |