ALY 0.00% 0.7¢ alchemy resources limited

Honestly didn't think much of this ann when I saw it in the...

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  1. 20 Posts.
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    Honestly didn't think much of this ann when I saw it in the morning, just told myself it was another good prospect. I would argue that our other announcements over the last couple of weeks have held more value.

    With the current global situation and the fact that markets have been a bloodbath this week (including today), I'm genuinely in shock that we touched 2.9 cents and have had over 70 million shares traded halfway through the trading day. In my opinion, something doesn't line up.

    I'm now asking myself whether there's others who know more about this tenement than I, as well as which companies we were contesting over it and how badly they might want it. 48 million shares is approximately equivalent to a 5% holding and could very well have been accumulated today.

    All very speculative on my part but I just don't buy into the fact that this announcement was good enough for retail and instos to pour this much in, considering current market conditions.

    Albeit, as someone with a long-term outlook on this company, I am happy to see the share-price move upwards in a time like this.
    Time will tell, good luck all.
 
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Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $8.246M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $596 85.66K

Buyers (Bids)

No. Vol. Price($)
9 4159492 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 803834 2
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Last trade - 10.44am 01/11/2024 (20 minute delay) ?
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