I've been thinking about this a lot lately newB.IMHO there are...

I've been thinking about this a lot lately newB.

IMHO there are several potential reasons for such a huge disconnect between price and value.

1. Growth story is not being properly conveyed to market.
2. SP opportunistically manipulated/weakened for takeover bid (IMHO a likely scenario due to large cashflow anomaly).
3. Cost capex blowouts (Hwy diversion tender process seems to be taking longer than what was originally forecast to market). Have the forecasted numbers been understated by company?
4. Passive funds exiting legacy positions in ALK.
5. ALK is predominantly held by retail investors. Retail have yet to re-enter the gold equities market yet, this is evidenced by the underperformance of the typically retail traded smaller exploration stocks. (IMHO the most likely scenario).

What large order anomaly am I talking about.
There have been 35 trading days so far in FY25.
Alkane's seen large inflows 20 out of those 35 days.
This ranks ALK fourth on my list.



Green represents inflows (large orders buying into ask), red outflows (large orders selling into bid)