blubottle18,
Finding great smacks of gold, copper or any other resource is not easy, nor is it a case of proven methods yield results.
This is small cap resource punting. I don't see anything sinister or evil in the way directors or management have run the company since the last group were kicked out.
ALY is a super risky punt. What is that really. It is a belief that the area they have is highly prospective.
Yes, I would love it if they had hit the mother load, but it is not that easy even with today's technologies. I have held some companies for 5+ years before I saw the promised results.
I like the prudent careful and targeted approach of the current management. If it takes longer and means less dilution along the way then fine.
Put it in the bottom draw and look from time to time, but only if you still believe in the ground. After all that is what you are buying at the moment. If not sell into the "thinning" sell side quickly
Have fun.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.068M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $67.24K | 11.15M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 6775912 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1356659 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 204000 | 0.013 |
6 | 1534407 | 0.012 |
3 | 1018000 | 0.011 |
4 | 1300000 | 0.010 |
1 | 100000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 431766 | 2 |
0.015 | 328000 | 2 |
0.016 | 492086 | 4 |
0.017 | 401126 | 3 |
0.019 | 196092 | 2 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
ALY (ASX) Chart |