Seems like a case of ALK doing things the way they do things because that's how they've always done things. A failure to adapt with a price tag of over $30 million.
Anyway, ALK's website says, with regard to ALK board member Anthony Lethlean, who btw has been in that position for almost 22 years(!):
"he has worked as a resources analyst with various stockbrokers and investment banks including CIBC World Markets. He was a founding director of Helmsec Global Capital Limited which seeded, listed and funded a number of companies in a range of commodities."
Why is someone with Lethlean's background not on top of this stuff? What, exactly, does he contribute to ALK in 2024?
Ann: Half Yearly Report and Accounts, page-170
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Last
45.5¢ |
Change
-0.025(5.21%) |
Mkt cap ! $274.5M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.8¢ | 45.5¢ | $1.079M | 2.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 31492 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 12454 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |