The lower the price goes, exponential reduction in risk.
Enterprise value $240mill + Cash/ investments $120 million.
If ALK fell to 40c. 33% reduction in share price. Then enterprise value is down 50%.
If ALK fell to 30c. 50% reduction in share price. Then enterprise value is down 75%.
The mind plays tricks, people sell assuming that those with inside knowledge are selling etc.
The lower the price goes, exponential reduction in...
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
57.5¢ |
Change
-0.010(1.71%) |
Mkt cap ! $346.9M | |||
| Open | High | Low | Value | Volume |
| 58.5¢ | 59.0¢ | 56.5¢ | $1.109M | 1.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 47384 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 20486 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
57.5¢ |
Change
-0.010 ( 2.08 %) |
||||
| Open | High | Low | Volume | ||
| 58.5¢ | 59.0¢ | 56.5¢ | 493430 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ALK (ASX) Chart |