ALK cashflow report released tonight, and marked "price sensitive" by ASX for no obvious reason.
Cash down from 12m to 9m in last quarter, at that rate they will need a significant capital raising within 6 months or so.
Perhaps that explains current weakness.
I bought some ALK at 32c today.
ALK cashflow report released tonight, and marked "price...
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Last
52.5¢ |
Change
0.020(3.96%) |
Mkt cap ! $316.8M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 52.5¢ | 50.0¢ | $330.5K | 643.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 93314 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 48778 | 4 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |