After riding the horse called "Ramping", as well as it's compatriot "Wishful Thinking" in a number of races over the last two decades, I have learned a few things. Firstly, the market is rarely wrong when it comes to junior miners/explorers. Has anyone considered that the climb in SP over the last week or so WAS about this announcement? I tend to think that after today's decline, some people just made 15-20% profit from the "true believers". Secondly, group flagellation by HotCopper followers rarely increases share prices, and thirdly, sometimes companies are guesstimating on the optimistic side.
I hope this is huge for all involved, but there appears a long way to go for that to materialise.
After riding the horse called "Ramping", as well as it's...
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Last
54.5¢ |
Change
0.015(2.83%) |
Mkt cap ! $328.9M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 55.5¢ | 53.5¢ | $493.5K | 901.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 30855 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 90567 | 23 |
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| Last trade - 14.09pm 12/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |