ALY 16.7% 0.7¢ alchemy resources limited

Granted my entry 2 months ago at 2.5c showed a little lack of...

  1. 581 Posts.
    lightbulb Created with Sketch. 160
    Granted my entry 2 months ago at 2.5c showed a little lack of patience, and could have been better (as the SP traded mostly between 1.9c and 2.9c since). But as the price drifts sideways, I am starting to get a little frustrated, perhaps due to my lack of fully understanding the potential of ALY tenements and what BOD is trying to achieve.

    My questions to long-term holders here:
    Does BOD have a good reputation, and experience?
    Also, is ALY a range trading stock (as the last 2 years charting suggests), or does it have serious potential for a big re-rate?
    And if re-rate happens, what would be a reasonable SP target?

    Looking forward to your feedback.
 
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Last
0.7¢
Change
0.001(16.7%)
Mkt cap ! $8.246M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $4.999K 714.0K

Buyers (Bids)

No. Vol. Price($)
5 1989000 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 2268658 6
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Last trade - 10.00am 19/08/2024 (20 minute delay) ?
ALY (ASX) Chart
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