AISC going up for almost everyone.
Nic correctly (during some presos/interviews) described ALK as Explorer with positive cashflow.
In this situation as long as ALK generates enough profit to fund its projects things should be fine.
And if ALK gets serious about becoming project generator then they should abandon the dividend plans and focus on starting more projects so they can have healthy pipeline.
Problem is one day ALK is going to be multi-mine joint and another is explorer. And this is why many investors and especially instos don't take Nic seriously.
If he sticks with the current plan and do as I suggest things will turn around and instos will come.
Ann: 2023 AGM - Managing Director's Presentation, page-20
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Last
58.5¢ |
Change
-0.040(6.40%) |
Mkt cap ! $353.0M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 58.5¢ | $611.9K | 1.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 104651 | 58.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 60491 | 3 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
59.0¢ |
Change
-0.040 ( 5.02 %) |
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| Open | High | Low | Volume | ||
| 59.5¢ | 60.0¢ | 58.5¢ | 153309 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| ALK (ASX) Chart |