I thought the bottom was in at 4.7 and the short covering would start - thats all. But clearly this has been a target this week - why I dont know
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where is the bottom, page-11
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Lowest close for ALS since December 17th 2014....but we know what happened afterwards.
Next couple of weeks following, the stock went straight back upto mid $5 markand then upto $6.
Lets see of history repeats.
The other thing to note, shorts for Thursday was 36% of trades, Wednesday was 42% and Tuesday at 64%.
I am agreeing with roadkill, market doing its thing.
Plus the shorters playing their hand and praying for a shite quarter/end of year result.
I for one am hoping that ALS will bring out a better than expected result and the SP will correct.
Lets see. Bought more at $4.74 - low enough for me. - There are more pages in this discussion • 21 more messages in this thread...
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Last
$16.20 |
Change
0.540(3.45%) |
Mkt cap ! $6.624B |
Open | High | Low | Value | Volume |
$15.94 | $16.22 | $15.85 | $5.012M | 312.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1028 | $16.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.21 | 1467 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20 | 14.910 |
1 | 3835 | 14.880 |
2 | 1505 | 14.870 |
2 | 9925 | 14.860 |
2 | 5180 | 14.850 |
Price($) | Vol. | No. |
---|---|---|
14.940 | 1121 | 2 |
14.950 | 10000 | 1 |
14.960 | 1505 | 2 |
14.970 | 3835 | 1 |
14.980 | 8381 | 4 |
Last trade - 13.40pm 22/11/2024 (20 minute delay) ? |
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ALQ (ASX) Chart |