I am disappointed in this CR. However, the optimist in me is reminded of a famous Peter Lynch quote,
“Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
The other quote from Lynch, which I think is pretty relevant is,
"The typical big winner in the Lynch portfolio generally takes three to ten years to play out."
My best investments have always taken a few to several years to fully play out. My time in ALK is about in the middle of Lynch's continuum. The fundamentals, the ones I can ascertain anyway, look as good if not better than ever so I still believe it will be a winner.
If I can find the cash I will probably hold my nose and buy my allotment.
Ann: Alkane launches $16M capital raising to progress DZP-ALK.AX, page-24
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Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $261.4M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.0¢ | 43.0¢ | $117.5K | 272.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 62627 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 75179 | 16 |
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| Last trade - 11.28am 18/09/2024 (20 minute delay) ? |
| ALK (ASX) Chart |