Obviously someone HAD TO SELL on the back of the previous shocker of a trading day (margin call). Not enough volume to be of any concern. If it was bad news "on the ground" we would have seen larger volume.
However, I am now very cautious after we see a rapid sell down (as we have seen in the last couple of weeks) after being promoted up to around 30 cents - but that was on very very thin volume also.
There is still no underlying strength in this stock (it can't fight market sentiment) and it will only happen after a couple of solid quarters of production at reasonable costs. Hopefully, when indicators of market confidence start turn coupled with good production figures we will see a significant revaluation of this stock. A key indicator will be when we start to see some excitement in the M & A area - this will signal the turnaround is near.
- Forums
- ASX - By Stock
- ALD
- some desparate to leave
some desparate to leave, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALD (ASX) to my watchlist
|
|||||
Last
$28.95 |
Change
-0.550(1.86%) |
Mkt cap ! $6.898B |
Open | High | Low | Value | Volume |
$29.55 | $29.72 | $28.73 | $35.76M | 1.232M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 772 | $28.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$28.99 | 2953 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 772 | 28.880 |
1 | 9333 | 28.860 |
1 | 2062 | 28.840 |
3 | 7275 | 28.820 |
1 | 1613 | 28.800 |
Price($) | Vol. | No. |
---|---|---|
28.990 | 2953 | 2 |
29.050 | 5418 | 1 |
29.070 | 5418 | 1 |
29.100 | 5478 | 2 |
29.130 | 5418 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
ALD (ASX) Chart |