ALK has been in a downtrend for years, and then, right before the price of gold broke out to ATHs, these clowns signed away what will probably end up being over $50 million in profit to Macquarie. Why didn't they hedge with options? Did it take a mistake of this magnitude to explore other ways to hedge? Did they even talk to any other financial institutions? Talk about snatching defeat from the jaws of victory. As a shareholder, I expect accountability for this – the culture within ALK management should not be such that mistakes of this magnitude can be made without consequences.
Ann: Tomingley Debt Restructured, page-27
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Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $253.4M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.8¢ | 41.5¢ | $379.9K | 893.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2998 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 9758 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ALK (ASX) Chart |