Australia's largest stock trading and investment forum Australia's #1 stock forum

ALK

Click for more information

1.80%

56.5¢ alkane resources limited

Alk Chart, page-1991

First 1991 Last

Share
Profile

Follow
sabine

17,954 Posts.

3723

08/02/24

15:33

Post #: 72307072
Share

Originally posted by james99 ↑

Frankly, unless the POG unravels or there is some unexpected global event that adversely, as opposed to positively, affects the POG, ALK is a bargain IMO with relatively low downside risk and substantial upside potential.

This reflects it being in the rare position of a combination of:

1.being technically at a low; and
2. being substantively undervalued based on fundamentals;
3. with substantial development potential and much progress towards proving more resources;
4. being a producer at a sufficient level to fund its exploration and $75m of cash and shares;
5. still being a small cap.

I confess to buying more.

Expand

… But what?
And where?
And is this an exciting opportunity to collect artefacts before Alkane flies, or the start of more lows?

https://www.skyatnightmagazine.com/space-science/roswell-ufo-incident

cheers

Last edited by sabine: 08/02/24

ALK Price at posting: 54.8¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 248 more messages in this thread...

First 1991 Last

Add ALK (ASX) to my watchlist

(20min delay)
Last 56.5¢		Change 0.010(1.80%)		Mkt cap ! $340.9M

Open	High	Low	Value	Volume
56.0¢	57.5¢	56.0¢	$180.5K	318.6K

Buyers (Bids)

No.	Vol.	Price($)
12	31267	56.0¢

Sellers (Offers)

Price($)	Vol.	No.
56.5¢	8081	4

View Market Depth

No.	Vol.	Price($)
12	31267	0.560
11	96292	0.555
12	133880	0.550
4	14679	0.545
6	15445	0.540

Price($)	Vol.	No.
0.565	8081	4
0.570	35885	6
0.575	15991	7
0.580	59696	7
0.585	117447	3

Last trade - 13.41pm 07/06/2024 (20 minute delay)


Last 56.5¢			Change 0.010 ( 1.64 %)
Open	High		Low	Volume
57.0¢	57.5¢		56.0¢	115828
Last updated 13.57pm 07/06/2024 ?

ALK (ASX) Chart