The market sold to this price on the back of the CR giving out shares at 0.6c. Any rational investor is going to sell back to the open market from 1.6c and take the free money. Let's also not forget Danny Segman buying 8% of the company in the past few months while at these incredibly cheap prices. From a risk-reward perspective this is a no brainer considering the location of their lithium tenements.
AL8 - General Discussion, page-171
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $5.534M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $84.79K | 16.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5350777 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3933154 | 4 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
0.001 ( 25.0 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.6¢ | 0.5¢ | 8467497 | ||
| Last updated 14.54pm 30/05/2024 ? | |||||
| AL8 (ASX) Chart |