here we are... at least we know why ASM was selling big time over the last few weeks... their Q report shows one of their customers did not receive their NdPr on time and it seems they bought the product elsewhere. ASM had to shut their production of NdPr at their plant now as it seems they have too much stock which is never good news.
Also, ASM does not provide (unless I missed it) a reason why the product did not arrive on time - was it ASM or was it issue with customs or other issues?
But it does explain the selling.
we are yet to work out what is the reason behind ALK's selling.... but yeah.. those 2m shares marked the low point. lol
Ann: Quarterly Activities Report, page-128
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Last
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $284.3M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 46.8¢ | $521.4K | 1.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4298 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 15475 | 2 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| ALK (ASX) Chart |