From many posts I have seen it seems many ALK holders expect dramatic rises in the SP when BCI goes for an upward ride, and are somewhat astounded when ALK barely moves.
I too was in this frame so I did the math.
ALK holds 9m BCI. If BCI SP is $1.00 then it worth $0.0367 cents to each of the 245m ALK shares.
So, when BCI cracks $2.00 you can expect your ALK SP to rise another 3 cents.
I think most of us expected it would be much more.
From many posts I have seen it seems many ALK holders expect...
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Last
43.5¢ |
Change
0.005(1.16%) |
Mkt cap ! $262.9M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.0¢ | 42.5¢ | $229.1K | 532.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 81951 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 611 | 1 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| ALK (ASX) Chart |