thinking same. plus POG fell based on NFP which is always exaggerated which leaves room for POG to go back above $2300 again and top $2400 as central banks started their cutting cycle without bringing inflation under control.
I also doubt SP will fall way to low so I am expecting anywhere between 48c - 52c. NMPP will still provide enough support to prevent SP falling harder.
Also, even though ALK did blow the budget on the expansion project, Tomie is still making money to prevent significant CR. It's just won't be making enough to pay divis next year - by the look of it. But will make enough to fund current operations and to allow people to gallivant around the world to present to instos in a hope one or two may buy handful of shares.
In short - the assets will provide enough support to keep the SP above 48c... for now. But anything below 75c is terrible for a company with 15Moz deposit.
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thinking same. plus POG fell based on NFP which is always...
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Last
42.0¢ |
Change
-0.015(3.45%) |
Mkt cap ! $253.4M |
Open | High | Low | Value | Volume |
43.0¢ | 43.0¢ | 41.5¢ | $202.0K | 479.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 72118 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 108454 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 72118 | 0.420 |
4 | 101815 | 0.415 |
8 | 56500 | 0.410 |
4 | 193600 | 0.405 |
12 | 314648 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 108454 | 5 |
0.430 | 10000 | 1 |
0.435 | 14306 | 3 |
0.440 | 60200 | 3 |
0.445 | 94474 | 7 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
ALK (ASX) Chart |
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