The main thing I get from that is it might be time for a change of guard, IC is looking washed.
He has carried this for a long time and brought it to a major stage. I think it's crunch time as the gold mine won't last forever, therefore the cash flow will dry up also. This year it has to be.
Even with the reported revenue from gold, it is being put back through the company, so even if they have a good quarter it doesn't really mean much.
Only my view but I have been with this stock in and out for 12 yrs with no real benefit coming to the fore, though my holdings now, are minimal. It's time for action one way or another.
The main thing I get from that is it might be time for a change...
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Last
52.5¢ |
Change
-0.025(4.55%) |
Mkt cap ! $316.8M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.5¢ | 52.5¢ | $388.9K | 735.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 144343 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 94773 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |