ALY 0.00% 0.7¢ alchemy resources limited

look at performance of the area....

  1. 321 Posts.
    Today, if you look at the stocks around SFR / ALY, there's a fair bit of movement. Currently...
    CYS up 11%
    PEK up 18%
    SRI up 14%
    TLM up 4%
    SFR @ $4 again...

    versus ALY stable or down slightly at 75c..

    Yes the others have some decent volume behind them and look to be traded, but with the detailed VTEM announcement imminent in ALY you'd think there would be more interest??

    I think there's a perceptual ceiling at around current price of 75c, with everytime it trades much above this level higher, it seems to get sold back under 75.

    I reckon there's a decent seller there... don't know who, Troy? other major? some exercised options hanging overhead?

    Either way, the stock doesn't live for long above 75, and then the selling pressure eases back once 75 is hit again.

    I think there might be a few bones shaking in the closet that need to be out the way for this to see some good upside.

    Having said that, a good detailed VTEM announcement, followed by a copper strike remotely similar to SFR and i reckon that will blow those rattlin bones well and truely away.

    Glad i can be patient at times!

    With current potential, ALY should be at higher levels IMHO
 
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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¢ 0.7¢ $10.39K 1.484M

Buyers (Bids)

No. Vol. Price($)
6 1560826 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2806724 7
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Last trade - 15.10pm 03/12/2024 (20 minute delay) ?
ALY (ASX) Chart
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