I agree the selling is overdone on almost everything at the moment. People are becoming too bearish and are no lnger being guided by fundamentals.
BUT I remember the O'Farrell government stating in the lead up to the election that he was sick of the WA and QLD governments getting all the mining benefits and he wanted NSW to benefit from its resources. Tomingly should have been approved months ago by a 'supposedly' supportive goverment. I think investors are starting to wonder why the delay and how much longer do we wait for approval.
For anyone with interest in a company that needs regulatory approval (me unfortunately) they know it can sometimes be a frustratingly loooong experience that you can't do anything about.
Cheers
GLB
I agree the selling is overdone on almost everything at the...
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Last
43.5¢ |
Change
0.030(7.41%) |
Mkt cap ! $262.9M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.0¢ | 42.0¢ | $428.6K | 1.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26318 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 14527 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ALK (ASX) Chart |