Not too sure where the bottom may be in this current downturn in the s/p of ALK ... Let's hope it's somewhere in the low 30's. If it falls below 30c we may be looking at a retest of the 52 week low of around 25c
The falling s/p below 40c has, however, been on pretty low volume with a lot of the action attributable to BOT trading .... And that, in itself suggests that when the rebound does come it should be both swift and strong.
As I don't have to sell for any pressing fiscal reasons I see no burning imperative to do so.
Long term, ALK's prospects are very promising so I reckon it's worth hanging onto as Fortune's wheel will assuredly turn for patient ALK shareholders.
how low before the rebound?
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Last
55.0¢ |
Change
0.020(3.77%) |
Mkt cap ! $331.9M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 55.5¢ | 53.5¢ | $668.4K | 1.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 100906 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 117919 | 5 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |