Well, the stock is the same price as it was 2 years ago, and good things have happened since then. From explorer to producer, now backed by the largest with exciting exploration to come. Hmmmmm, you would think it might be double the price!
Even with the market softness, there has been strange trading in this. Large sellers appear daily (and disappear)30 cents from the action. Genuine sellers at $1.10 would normally wait for it to get near there first. Then there are the small sell parcels of 1K selling into any action (we saw last week), which seem to suppress the price.
As the stock is not all that liquid, it is not difficult to make it look weak (although I would have expected more interest in bids). I can't say for certain it is being manipulated, but it sure is strangely traded given all the positive news.
My opinion, any contra's?
Well, the stock is the same price as it was 2 years ago, and...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ALD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$28.95 |
Change
-0.550(1.86%) |
Mkt cap ! $6.879B | |||
| Open | High | Low | Value | Volume |
| $29.55 | $29.72 | $28.73 | $35.21M | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 773 | $28.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.95 | 8240 | 2 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| ALD (ASX) Chart |