To be honest I am nervous about the market reaction to this news. From the reaction to previous announcements I can see a rapid bounce - but I think that a sustained increase in price will only come with substantial funding - or maintained speculation/hysteria.
Speculation needs a media buzz (which we don't have yet) to generate a rapid rise - but speculation never lasts - long term holders have seen it here before.
I think long term holders will feel some real satisfaction when the funding starts coming through.
After how many years of waiting - at least now we should see some speed injected into the process.
Ann: Trading Halt, page-17
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Last
40.0¢ |
Change
0.005(1.27%) |
Mkt cap ! $241.3M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.5¢ | 39.5¢ | $217.3K | 543.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8800 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 140277 | 5 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| ALK (ASX) Chart |