Zorrro13, not sure if you'll be back here but thought I'd reply anyway.
ALB have recently made the transition to producer and while I certainly wouldn't call them a mid-cap, I think speccy is bit harsh. Speccy stocks wait around for government approval and drilling results and whatnot, which is what ALB was doing years ago. They are currently making sales and their current market cap is simply a reflection of the nickel price getting destroyed. With some stability in the nickel price and ramp-up to full production I have no doubt they will return to a more appropriate level in the future, given their status as a low-cost producer.
As for jumping 40% at the moment, ALB is currently 275% up from its low and closed as much as 373% up from that low during this week.
disgusting to watch the trade today, page-10
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Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.806M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29969 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 24875 | 1 |
View Market Depth
| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| ALB (ASX) Chart |
Day chart unavailable