Very good points, my strategy for buying back in is not for anything that ALK is doing!
1) The NTA backing must be getting to its share price value of ~$.21 so fair value!
2) The REE Deposit is like a " cool pool of mud that attracts pigs". When China turns off exporting REE'd then the deposit will become more valuable without ALK having to do anything, which is exactly how I see the past 10 years! This should create the next wave of investors buying and pushing ALK shares back to the few dollars mark!
Hopefully this will all come to pass sooner rather than later and I will sell! Of course it might also rise if some indication of a plant being built!
DYOR
Ann: Quarterly Activities Report, page-20
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Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $253.4M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.8¢ | 41.5¢ | $379.9K | 893.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2998 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 9758 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ALK (ASX) Chart |