ALK 0.93% 54.0¢ alkane resources limited

Ann: Change in substantial holding, page-44

  1. 7,768 Posts.
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    so last support around 52c and then freefall. all because of the actions of 1 man.

    So far I still believe Nic that there are no issues with Tomie expansion approval process and no deep drilling being done outside Boda/Kaiser at the Molong (in the last 3 years and results not being published) so no indication rest of the NMPP prospects losing any potential.
    If this turns out to be false then the falling SP was not due to the actions of 1 man.

    It is sad we all have to speculate here but what else is there left? All goldies have recovered from their bottom and only ALK still making new lows day after day.

    Is it possible he is doing it as ALK may be planning CR to fund Tomie so he can load up at much lower price and then launch TO bid? What if he is not stuck for cash at all? Pure speculation but who knows..
 
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