ALK 1.03% 49.0¢ alkane resources limited

Watch out for cheap takeover offers once ASM demerger undertaken, page-24

  1. 368 Posts.
    lightbulb Created with Sketch. 28
    ...which will be immediately sold to a trade agent if you are a foreign investor without a Adress in Australia or New Zealand ( so the new company wont be listed anywhere else ?? ) I just read that and almost can not believe it .. does it mean that all „foreign held shares“ will be sold on the first trading day of new shares ? As a foreigner should I bail before that all happens ? And how can this be legal ? Im sure someone in control with a lot of money will use it for their advantage. And the patient foreign investor that invested in the rare earth project a decade ago..will be loosing his engagement on the first day of trading.

 
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Last
49.0¢
Change
0.005(1.03%)
Mkt cap ! $295.7M
Open High Low Value Volume
48.0¢ 49.5¢ 48.0¢ $300.8K 617.1K

Buyers (Bids)

No. Vol. Price($)
3 46396 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 37799 5
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
ALK (ASX) Chart
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