I expect it will crack through $0.45 tomorrow. With a short trading day will we hit $0.50? With news I think it could hit $0.50 but I don't expect we will hear news until the new year. Without news I still think it will trade in mid 40's and touch $0.48 before the close of trade 31/12. Next week we should see $0.50.
Yesterday ALD appointed a director to CRB, a company for which they are the major shareholder. They have good ground in WA but no cash left. With gold expected to perform well next year, I have a feeling ALD may be preparing to fund CRB operations in the near year with surplus cashflow and build more of a local gold mining presence.
von.
soon to be 50 cents, page-12
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Last
$30.00 |
Change
-0.530(1.74%) |
Mkt cap ! $7.149B | |||
| Open | High | Low | Value | Volume |
| $30.44 | $30.81 | $29.86 | $29.89M | 990.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 461 | $29.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.01 | 3112 | 2 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ALD (ASX) Chart |