ALK 1.00% 49.5¢ alkane resources limited

Ann: Trading Halt, page-17

  1. 40 Posts.
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    To be honest I am nervous about the market reaction to this news. From the reaction to previous announcements I can see a rapid bounce - but I think that a sustained increase in price will only come with substantial funding - or maintained speculation/hysteria.
    Speculation needs a media buzz (which we don't have yet) to generate a rapid rise - but speculation never lasts - long term holders have seen it here before.
    I think long term holders will feel some real satisfaction when the funding starts coming through.
    After how many years of waiting - at least now we should see some speed injected into the process.
 
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