Damn, so annoying that CAIs underperformance is dragging ALKs investments lower.
Though the cash burn continues to be high.... ALK has good hedging and the spot price is high.... I would have though they could have increased their cash position a little more than $600k. I guess all the drilling is taking it's toll.
Listed investments decreased by almost 50% since Sept.
Perhaps they need to re-think their investment thesis.
Ann: Tomingley Q3 FY2023 Production, page-9
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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 |