ALK 4.81% 49.5¢ alkane resources limited

he doesn't understand what we are trying to do mate - we are...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 8,281 Posts.
    lightbulb Created with Sketch. 1589
    he doesn't understand what we are trying to do mate - we are trying to workout who is trading these volumes and why. his ability is limited to only to see the trade but can't think beyond that.
    he is even missing the massive volumes that have traded over the last few days - compared to the average daily for ALK.

    I wonted to stay from these type of posts but people come out with insults then I always (almost) respond.

    if volumes are back to normal today then we witnessed the closing of the shorts and whoever was selling is probably done. if this is the case then my theory is correct - someone needed to sell big but could not find block buyer. on the other side of the trade was someone who knew the situation and started shorting early and then closing the short position over the last few days when the seller had no other option but to dump on the open market.
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.