if Joel is right and those two funds are dumping ALK then there is not much left for the to exit 100% and the persistent selling to stop.
if NFP and Unemployment Rate in the US print bad then US markets will fall even harder - that means big margin calls our way on Monday. Even though such data almost guarantees rate cut for the US in Sep and good news for gold, falling markets will trigger short term selling due to margin calls.
Ann: Quarterly Activities Report, page-188
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Last
41.5¢ |
Change
-0.025(5.68%) |
Mkt cap ! $250.4M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.8¢ | 41.0¢ | $2.880M | 6.811M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20800 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 31327 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ALK (ASX) Chart |