Flight500
What a load of bu88ery b0ll0x . . . Warren Buffet doesn’t buy on technical mumbo jumbo as espoused by you; he buys because he sees value as do other investors. If ALD do hit their targets then either shareholders will buy that value or another company will IMHO.
As pointed out by ktriana ALD appears to be paying the price for those start up problems and so will need to convince buyers that current performance can be maintained. Also as von wipps points out ALD is tightly held and illiquid and so movements can be exaggerated either way. However if gold stays at or around current levels and the ALD quarterly report is good I’ll wager my flat cap and whippet that ALD will be higher than the current share price ;-) Let’s face it ALD was at higher levels pre production than it is post and that doesn’t stack up IMHO.
soon to be 50 cents, page-58
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Last
$32.80 |
Change
-0.260(0.79%) |
Mkt cap ! $7.816B | |||
| Open | High | Low | Value | Volume |
| $33.10 | $33.10 | $32.37 | $72.85M | 2.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1535 | $32.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.80 | 150 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ALD (ASX) Chart |