ALK 3.26% 47.5¢ alkane resources limited

price moving, page-5

  1. 56,640 Posts.
    lightbulb Created with Sketch. 267
    I have been holding ALK having bought firstly at 22-23 and more recently at 18. Chart looks it has reached bottom with insignificant volume. ALK is now 24% of total portfolio and I am expecting announcement in coming weeks as suggested by Chalmer's commentary. Proof will be in the pudding but I suggest SP will be closer to 30 than 20 by end of the year. Bottom feeding has risks - particlulary with microcaps.
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.