A large proportion of Growth stocks amd small cap stocks are being sold off heavily, and yield play along with value stocks are being transitioned into. Unfortunately ALC falls into the growth category. If Kate and her team execute on their growth strategy these prices in 2 to 3 years time will be a mere blip.
I remember this sort of price action on EML when I bought in at 50c. Luckily for my long term view as they are up over $4.00 and still a good business fundamentally.
Ignore the price movements and focus on its fundamentals. The rest will take care of itself in 2 years time.
A large proportion of Growth stocks amd small cap stocks are...
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Last
7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 357288 | 7.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 82502 | 2 |
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| Last trade - 09.18am 15/08/2024 (20 minute delay) ? |
| ALC (ASX) Chart |
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