I agree with everything there but the share-buyback.
Limited share-buyback at these levels will work considering how much cash ALK holds and still runs profitable mine. They can issue same amount of shares later at much higher price. Such buy-back sets a floor and prevents IG or any major seller from pushing the SP down to 40c.
I would not support buyback if ALK did not have so much cash and there were operational issues.
I agree with everything there but the share-buyback. Limited...
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Last
49.5¢ |
Change
-0.025(4.81%) |
Mkt cap ! $299.5M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 48.0¢ | $731.1K | 1.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 33631 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 12456 | 3 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| ALK (ASX) Chart |