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
42.5¢ |
Change
0.010(2.41%) |
Mkt cap ! $256.4M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 43.0¢ | 41.5¢ | $224.4K | 533.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 242438 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 33360 | 13 |
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| Last trade - 13.23pm 28/08/2024 (20 minute delay) ? |
| ALK (ASX) Chart |