chaddy,
""Yesterday was a really great announcement yet we cannot even hold a high 4s share price"".
I made mention of this yesterday and clearly illustrates that management have to address the situation by being more proactive in getting this story into the eyes and ears of investment groups who will come in and take a position and support the stock.
Once the company is making millions of dollars profit and increasing on a quarterly basis then the share price will effectively take care of itself and will go up on fundamentals.
There is never any follow through and as I stated yesterday good news is quickly forgotten.
One could even be excused for thinking they did not come out with a very good announcement yesterday by the market reaction today.
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Last
6.3¢ |
Change
-0.001(1.56%) |
Mkt cap ! $72.51M |
Open | High | Low | Value | Volume |
6.3¢ | 6.3¢ | 6.3¢ | $11.72K | 186.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 72787 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 123696 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 256518 | 0.065 |
2 | 539747 | 0.064 |
1 | 200 | 0.063 |
1 | 10000 | 0.062 |
2 | 149000 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.066 | 128118 | 1 |
0.068 | 232449 | 1 |
0.069 | 50000 | 1 |
0.070 | 160606 | 2 |
0.071 | 20177 | 1 |
Last trade - 13.39pm 29/11/2024 (20 minute delay) ? |
ALC (ASX) Chart |