ALK 3.09% 47.0¢ alkane resources limited

Ann: Appointment and Retirement of Company Secretary, page-4

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  1. 2,018 Posts.
    lightbulb Created with Sketch. 44
    snippets from 1980 mining review journal.

    ALK Exploration (Terrigal)NL
    Directors F.H.Lean(chairman)M.A.Mayger (secretary)R.M.White
    1979 4,706,281 fully paid 50c shs & 4,733,745 50c shr paid to 10c
    Dec 1977 co had shareholders funds $149000.

    Sh/pr movements ALK did break thru $1 in 1970 however for most of 70,s shs traded below 10c level.
    From 1978 low 4c rose to 40c due to strong buying pressure from institutions & nominees.
    From late 1978 to late 1979 shs traded in the 18c to 20c region reaching 24c in sept 1979.

    activities in 1978 directed towards oil,gold,diamonds.

    Alk started its life as a oil explorer holding offshore leases in the Sydney basin, 10% in wa80p in west Australia Otter Exploration main holder.
    Diamonds 20% interest with Carr Boyd Minerals in West Kimberleys along with a number of interests
    in other company's operating in the Kimberleys.
    Gold,1/3 interest in a consortium comprising Alk, Golden Plateau NL and others. Consotium can earn up to 80% interest in exploration applications covering areas in central NSW.
    Up to sept 1979 Alk realized sh trading profits exceeding $100,000.

    I hope the next qtly is more up to date,esp in regards to financing DZP.
 
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Last
47.0¢
Change
-0.015(3.09%)
Mkt cap ! $284.3M
Open High Low Value Volume
48.5¢ 49.5¢ 46.8¢ $521.4K 1.094M

Buyers (Bids)

No. Vol. Price($)
2 4298 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 15475 2
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