It was not my intention to offend anyone.
Merely stating a proven definable fact.
If I didn't care about other people, I wouldn't spend the time sharing my research on here or bother to comment
on other's assumptions even when I know they are statistically incorrect.
I make no apology for selling back in April.
Those were practically all profitable trades.
I make no apology for re-entering between 10c to 20c below my previous selling price.
Not a fan of the CFO TBH.
That hedging agreement looked rubbish the first day it was entered into it.
Why would you cap your potential profit in a highly inflationary environment?
Having said that I commend his decision to open the 150k oz 3k strike put options. Yes, the puts 7 million value seemed steep but at least options do not cap future gold price movements.
Re-financing the bank debt was another solid recent move by the CFO.
For the record I made money trading ALK last time however I still do not believe it was a good trade due to opportunity cost.
You're right, I'm underwater on my newly entered ALK trades however I have strong conviction that this will ultimately turn out to be a fantastic inverse risk reward play.
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Last
41.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $250.4M |
Open | High | Low | Value | Volume |
41.5¢ | 41.5¢ | 41.5¢ | $34.06K | 82.07K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 45734 | 41.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.5¢ | 32075 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 0.420 |
5 | 40442 | 0.415 |
4 | 33501 | 0.410 |
5 | 21815 | 0.405 |
9 | 161332 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 3140 | 2 |
0.400 | 10952 | 2 |
0.405 | 29320 | 1 |
0.415 | 42464 | 5 |
0.420 | 37800 | 1 |
Last trade - 10.01am 28/08/2024 (20 minute delay) ? |
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