ALK 5.10% 51.5¢ alkane resources limited

Ann: Annual Financial Results, App 4E and FY20 Statutory Accounts, page-5

  1. 168 Posts.
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    Hi both ALK & ASM are in my view worth investing your money and for future nest eggs. If looking at the Ann for ALK, it's not so good in reflexing to 2019. Of course, taking into account that the Covid has also played a very diminishing profit in almost all businesses across the world. But people are being short sighted and selling like mad, remember there will be a few more Ann head of us. The Boda one will be very interesting and if positive news come from there, will send the SP flying. In the long term, ALK could just worth $6 plus. ASM has really got no reasons to be drafting downwards, I can only blame the profit takes. Any sizeable amount either way will send the SP, up or down dramaticing. The technology behind what ASM have will be a game changer, with the right people looking at it. People like Elon Musk, as a investor to ASM will send the SP $50 plus or more. This is my 2 cent worth for now!!Good luck to all.
 
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