I'm an ALK holder so just here out of cross interest (Ian Gandel). Taken a quick, very quick, look at a few recent announcements and from a completely outside view I've noted a couple of things.
In the Bell Potter presentation it states " Dubbo Project - First production and revenue.....2027 " That doesn't put a fire under my ass to invest.
ASM was also dropped from the ASX/S&P 300 this month. That removes it from the view of funds obligated to invest in it.
That's just a possible couple of reasons adding to the SP decline imo. I'm looking though cause I'm interested. It's definitely a good, strategic investment but it's got some work to do.
GLTAH.
ASM Price at posting:
$1.24 Sentiment: None Disclosure: Not Held
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