Hi Guys ,
Just an exercise to find out how our share price sort of works.
BELOW , is a rounded figures for ease of comprehension AND if Gold price wasn't hedged.
If say ALK had a share price of 70 cents with an AISC of $2000 an ounce and say the Gold price was $3000
That would mean a profit of $1000 per ounce ( @ that 70 cents per share )
IF
The AISC rose to $2500 and Gold price rose to $4000 an ounce , profit would then be $1500 per ounce .
Apart from other mitigating circumstances , that would be a 50% increase in Profit .
Would that translate into the same rise in the share price 70 cents to $1.05 ?
Ann: Extensive High-Grade Results at Boda and MRE update underway, page-126
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Last
57.0¢ |
Change
-0.040(6.56%) |
Mkt cap ! $344.8M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.5¢ | 56.5¢ | $1.456M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2098 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 39730 | 3 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| ALK (ASX) Chart |