Simple and clear - spot on.
"$338 million about in Free Cashflow —in the next 3 years until end June ‘27, is pretty good I think." about right and why I am not too concerned with their level of debt over the next 12 months. The risks are low. Very different if they were mining 1g/t with 1Mt plant and had ~ $130m of debt.
"ALK should never have got down to this price." - 100% correct. SP should not have fallen below 60c even with the current sentiment.
Ann: Annual Resources and Reserves Statement FY24, page-29
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Last
39.0¢ |
Change
0.005(1.30%) |
Mkt cap ! $235.3M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.5¢ | 38.5¢ | $180.9K | 465.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 131465 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 19368 | 1 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| ALK (ASX) Chart |