I am disappointed in this CR. However, the optimist in me is reminded of a famous Peter Lynch quote,
“Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
The other quote from Lynch, which I think is pretty relevant is,
"The typical big winner in the Lynch portfolio generally takes three to ten years to play out."
My best investments have always taken a few to several years to fully play out. My time in ALK is about in the middle of Lynch's continuum. The fundamentals, the ones I can ascertain anyway, look as good if not better than ever so I still believe it will be a winner.
If I can find the cash I will probably hold my nose and buy my allotment.
- Forums
- ASX - By Stock
- ALK
- Ann: Alkane launches $16M capital raising to progress DZP-ALK.AX
Ann: Alkane launches $16M capital raising to progress DZP-ALK.AX, page-24
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALK (ASX) to my watchlist
|
|||||
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($) | Vol. | No. |
---|---|---|
42.0¢ | 83495 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49120 | 0.415 |
7 | 100511 | 0.410 |
5 | 105683 | 0.405 |
10 | 127768 | 0.400 |
4 | 15121 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 82500 | 2 |
0.425 | 10987 | 2 |
0.430 | 9530 | 1 |
0.435 | 10000 | 1 |
0.445 | 12247 | 2 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
ALK (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online