ALK 2.30% 44.5¢ alkane resources limited

2 more positive re-rates of alkane on website

  1. 1,403 Posts.
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    The positive analysis for Alkane just keeps coming .
    Been brought to my attention , that on the 23rd March , 2 further market analysis for Alane can be assessed .
    #International Group Edison Investment Research , who cover the stock --a further re-rate
    "Positive re-rating), we value Alkane?s assets collectively at A$3.58 per share."
    # Petra Capital --who did the recent cap raising , and its this Report Alkane had at the time of its just finsihed US and Canada Roadshow
    "Base Case NPV of A$2.00/share ? Expanded Case NPV of A$5.15/share P6"
    Too late in the night to digest each Report further , but suffice to say that Alkane is now under really serious international investor scrutiny , and from Funds Management Groups , with serious capital to invest.
    It appears the US is taking the tightening Zirconium and Rare Earths market , far more seriously than our Fund Management groups here in Australia .
    Suggest you access the Alkane website under Broker Reports , to read in full
    http://www.alkane.com.au/reports/broker-media/
    Recent strong price move , might have some more serious buying yet to come !
    cheers
 
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Last
44.5¢
Change
0.010(2.30%)
Mkt cap ! $269.0M
Open High Low Value Volume
43.0¢ 46.0¢ 42.0¢ $600.8K 1.353M

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No. Vol. Price($)
1 21499 44.5¢
 

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Price($) Vol. No.
45.5¢ 70077 2
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