ALK 3.45% 42.0¢ alkane resources limited

Ann: Trading Halt, page-22

  1. 802 Posts.
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    Hi everyone,Well I got the same response from Leapzig word for word except for the intro, reading between the lines they didn't really need the money because Ians response was we were approached by a major fund ,give them a cheap entry into ALK, Why? Because I have a hunch the share price will all of a sudden rise significantly on the announcement of approval of DZP and other announcements so when ALK need to raise 200m via share placement our share price will be hopefully trading around $1.00 or more. If it doesn't pan out like this then I'm with MTM all the way, Retail investors get screwed over. All I can say is Ian must be pretty confident that approval for the project and finance have been agreed on why would you spend all that money on front engineering design land purchases etc... because he Knows the project is a sure thing, why would he buy shares on market not so long ago he is sending us a message stay strong.
 
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Last
42.0¢
Change
-0.015(3.45%)
Mkt cap ! $253.4M
Open High Low Value Volume
43.5¢ 43.5¢ 41.0¢ $335.1K 796.3K

Buyers (Bids)

No. Vol. Price($)
1 49120 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 83495 3
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
ALK (ASX) Chart
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