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
6.6¢ |
Change
0.001(1.54%) |
Mkt cap ! $88.60M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.4¢ | $38.95K | 597.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 39966 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24 | 0.067 |
1 | 70000 | 0.065 |
2 | 250291 | 0.064 |
1 | 100000 | 0.063 |
2 | 300000 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 39966 | 1 |
0.070 | 132405 | 2 |
0.071 | 39000 | 2 |
0.072 | 41600 | 2 |
0.073 | 136090 | 3 |
Last trade - 10.51am 06/08/2024 (20 minute delay) ? |
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ALC (ASX) Chart |