Or alternately the price will rise based on what was promised in the presentation and will fall if they cannot deliver. Speculation drives the share market, especially this side of town.
Arguably the reason for our share price fall is based on speculation around how this becomes highly profitable. I think that's rubbish and have done a fair bit of research and have a background in the industry that tells me this is not the case, just that patience is required.
Good to see buying yesterday that pushed us through resistance, you must have quite the holding there ZMan. As long as it wasn't the same person buying their own shares I am happy! As I have mentioned before, I think there are many people with this on there watch list, waiting for a move to occur so they can jump on board. The buying yesterday may have indicated just that.
ALC Chart, page-1630
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Last
8.2¢ |
Change
0.003(3.80%) |
Mkt cap ! $108.7M |
Open | High | Low | Value | Volume |
7.9¢ | 8.2¢ | 7.9¢ | $54.90K | 682.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 108599 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 105615 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 108599 | 0.080 |
1 | 13000 | 0.076 |
2 | 54444 | 0.075 |
1 | 40550 | 0.074 |
3 | 97168 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 105615 | 2 |
0.083 | 306451 | 2 |
0.084 | 86908 | 2 |
0.085 | 119063 | 3 |
0.090 | 1179004 | 6 |
Last trade - 12.34pm 19/08/2024 (20 minute delay) ? |
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ALC (ASX) Chart |