ALK 0.54% 46.3¢ alkane resources limited

here we are... at least we know why ASM was selling big time...

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. 8,169 Posts.
    lightbulb Created with Sketch. 1574
    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

 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
46.3¢
Change
0.003(0.54%)
Mkt cap ! $278.1M
Open High Low Value Volume
46.0¢ 47.0¢ 45.0¢ $53.82K 116.2K

Buyers (Bids)

No. Vol. Price($)
5 41890 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 24210 9
View Market Depth
Last trade - 10.35am 11/10/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.