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Perhaps Alpha should now look to secure the RCF from somewhere else since the current partner dragging heels.

You could be right. Talking of which I could use a brew.

Not sure I believe too much in charting but my take on this is that it’s a cup and handle job. Reckon there’ll be another small dip before the next big move up. If so I’ll be parking a top up on it. If not- I have plenty already.

Those who are depressed by the recent SP decline need to be aware that share prices don’t simply go up, they trend up. Suggest folk look at the three year weekly chart in order to remove some of the noise. There’s the mother of all top-up oppos coming and I looking to take advantage.

JG
Like right, It’s still 20m until we get an update.

Well at Least we’re going town with the general market. DOW is -500 at the moment and Dragging financials with it. I’ve got plenty of these, so need golden oppo. Might wait for news first.

Thanks Roydaar... sorry Raaydaar :-)

Big upside moves tend to retrace about 50%.
This is normal.

I agree. The title is very fund focussed, as in its performance for fund investors. The company as a whole is more that one fund anyway. But if that presents a buying oppo in a few weeks, so be it.

Well since the last post was days ago, I’d say no. As for a de-pump I suspect your next one will be coming very soon.

Lloydee
I have say you’ve been very honest about your trading and some even warned you about going ‘all in’.
You remind me of myself. I went ‘all in’ at 2.2p last year and watched the SP go down to 1p. For me that was also quite a paper loss. . Now my average is 1.7p and I’m in profit. Currently waiting to see what harppens following update before deciding whether to top up. But I’m not selling, even if it goes right down again. Reason is that if I had $250k, with US treasuries at 1% interest, I’d be into Blackoak like a badger with its ar-$e on fire. I believe in the product.
Each to their own Lloydee. Your decision, but good luck either way.

How about now.

Who knows?
It’ll depend on the update I suppose.

SP testing support folks. Could take a few days.
Wake me up when we get meaningfully moving again.

..... they’re too busy topping up at the mo.

Well they’ll have to buy retail like the rest of us then. Well done ALGW for not giving in to US freeloaders.

I assume you have stops in place. Mind the gap though.

So a placing was offered, considered but rejected.
So I assume they think they’ll have enough money moving forwards. ;-)
Wot a top-up opportunity. Fingers on buttons.

Totally agree gaf11. This is going significantly higher tomorrow.

That SBP, great answer.