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
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $255.4M |
Open | High | Low | Value | Volume |
43.0¢ | 44.3¢ | 42.0¢ | $192.1K | 447.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 48802 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 41089 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3384 | 0.440 |
7 | 34713 | 0.435 |
7 | 25137 | 0.430 |
9 | 38898 | 0.425 |
10 | 85120 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 37153 | 9 |
0.450 | 279491 | 5 |
0.455 | 51737 | 5 |
0.460 | 29649 | 3 |
0.465 | 26250 | 2 |
Last trade - 12.12pm 04/10/2024 (20 minute delay) ? |
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ALK (ASX) Chart |