Capital raising was sort of expected.
Looking at their latest presentation ALK was down to $9m, from $22m around a year ago.
The only option to avoid that was only if the interested parties looking at Newmont's 51% share of McPhillamys was ready to buy it, which could be a few months off.
Again, if Newmont sold McPhillamys, then I'm sure ALK would have been interested in selling our 49% interest as well.
So its not all bad. imo, its a positive thing.
The only thing, I'm not happy with is the NSW govt approval process, which is delaying things.
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Last
51.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $310.7M |
Open | High | Low | Value | Volume |
49.0¢ | 52.0¢ | 48.0¢ | $945.3K | 1.875M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 88572 | 51.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 85119 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 88572 | 0.510 |
4 | 75565 | 0.505 |
3 | 19602 | 0.500 |
2 | 130000 | 0.490 |
5 | 63690 | 0.485 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 85119 | 5 |
0.525 | 5000 | 1 |
0.530 | 57640 | 3 |
0.535 | 27778 | 6 |
0.540 | 86414 | 4 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
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ALK (ASX) Chart |
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