ALK 0.99% 50.0¢ alkane resources limited

the value of bci in perspective

  1. 55 Posts.
    From many posts I have seen it seems many ALK holders expect dramatic rises in the SP when BCI goes for an upward ride, and are somewhat astounded when ALK barely moves.

    I too was in this frame so I did the math.
    ALK holds 9m BCI. If BCI SP is $1.00 then it worth $0.0367 cents to each of the 245m ALK shares.

    So, when BCI cracks $2.00 you can expect your ALK SP to rise another 3 cents.
    I think most of us expected it would be much more.
 
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