rod,
""It would be nice to see the SP respond positively to positive news ....
IMO, a well run and managed company deserves better for its shareholders.""
The market moves in mysterious ways. Right now it's too interested in playing the little resource stocks that promise a world of riches for those who buy them.
ALC is just a little company that is actually making money and has 5 million in the bank and carries no debt.
How boring.
The volumes or lack of , spell it out in greater detail. The market in general is fascinated with little speccy's that can double or triple in a matter of days. Thats where the money is going. Thats where the traders are playing at this point in time. Quick in and quick out for a quick buck.
The more contracts that ALC can deliver, the more chance they have of getting some big buyer support who will accumulate and push the market cap higher. I have been crying out for this type of support for quite some time now. Management have to be more proactive in this area to garner support.
It's a slow process, unless of course they can come out with a bonzer deal that will make everyone sit up and take notice.
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Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.12M |
Open | High | Low | Value | Volume |
5.1¢ | 5.3¢ | 5.0¢ | $17.30K | 341.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 304201 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 100134 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 304201 | 0.051 |
3 | 825000 | 0.050 |
3 | 539992 | 0.049 |
3 | 404000 | 0.048 |
2 | 91297 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 100134 | 2 |
0.053 | 285000 | 3 |
0.054 | 395500 | 3 |
0.055 | 170525 | 6 |
0.056 | 53500 | 1 |
Last trade - 11.29am 11/07/2024 (20 minute delay) ? |
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