I understand what you’re saying but the optics on this is very poor…. The “emotion” will be due to the patient “loyal shareholders” (ALC’s words not mine) feeling hard done by. Sure things might pick up…. But there is a limit and ultimately investors may feel that they may want to deploy their capital elsewhere in search of a (timely) return.
Peak pessimism - complete overreaction, page-2
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Last
6.2¢ |
Change
-0.002(3.13%) |
Mkt cap ! $83.23M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.4¢ | 6.0¢ | $69.33K | 1.132M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 49910 | 1 |
View Market Depth
| Last trade - 15.45pm 16/05/2024 (20 minute delay) ? |
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Last
6.3¢ |
Change
-0.002 ( 5.00 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.3¢ | 6.0¢ | 379683 | ||
| Last updated 14.45pm 16/05/2024 ? | |||||
| ALC (ASX) Chart |