ALK 1.77% 55.5¢ alkane resources limited

Alk Chart, page-2189

  1. 377 Posts.
    lightbulb Created with Sketch. 56
    Comparing capital structure ~2 years apart.

    • Average daily turnover down 77%
    • Debt up 119%
    • Market cap down ~18%

    During this time ...
    • Nic took the band on a European tour, while foreign instos sold down from 15% to 12% (down 20%).
    • Ian cashed out a few, while retail digested the big Boda – neo-cadia – dream.
    • Share price tanked sideways, down 18%, while POG up 50%.

    Meanwhile ...

    • TGO to PHGM and NMPP turning into Swiss cheese.
    • TGO doubling capacity.

    I take the debit increase as a sign of confidence in their 'tier-one gold-copper project'. And, TGO earnings capacity once extension is complete.
    A few stellar drill results from Boda, then ...

    https://hotcopper.com.au/data/attachments/6170/6170464-1a792631e5906adef0da370e9c04c3b1.jpg
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
55.5¢
Change
-0.010(1.77%)
Mkt cap ! $334.9M
Open High Low Value Volume
56.5¢ 57.0¢ 55.0¢ $484.0K 869.7K

Buyers (Bids)

No. Vol. Price($)
4 54474 55.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.5¢ 13090 1
View Market Depth
Last trade - 16.10pm 30/05/2024 (20 minute delay) ?
Last
55.0¢
  Change
-0.010 ( 3.51 %)
Open High Low Volume
57.0¢ 57.0¢ 55.0¢ 139409
Last updated 15.59pm 30/05/2024 ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.