ALD 0.43% $27.80 ampol limited

coming out of hibernation?

  1. 2,097 Posts.
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    On both the FTSE and ASX there's been some actual volume in this stock... and it looks to be more than just bots playing with each other. For a while today the buy:sell was 1:1, first time in a while. And the price is holding more or less steady (it's about time it pushes through 160p/$2.40 though)

    Thoughts:

    1) broker recommendations. Supposedly 50% undervalued by at least two brokers, though sometimes it feels like every gold stock is supposedly 50% undervalued.

    2) gold is not falling. Actually if ald can get the cost base to <1000/oz and gold is >1700 then that's a comfy ~20 million this quarter after "standard" expenses.. If you can believe it.

    At this stage I'm not calling current events anything more than a mild curiosity but hopefully we'll move from anomaly to trend.
 
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Last
$27.80
Change
-0.120(0.43%)
Mkt cap ! $6.746B
Open High Low Value Volume
$28.32 $28.32 $27.77 $42.54M 1.522M

Buyers (Bids)

No. Vol. Price($)
2 2886 $27.79
 

Sellers (Offers)

Price($) Vol. No.
$27.80 9481 2
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ALD (ASX) Chart
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