It's happening by the looks.... This is fantastic. It means the rear earth's project will now demand a valuation from the mkt..
I think the problem for ALK has been that the rear earth's has made this a complex investment proposition for gold investors, i.e -will management just plow our money into rear earth's Capex...
So the gold business has suffered as a result. This simplifies things considerably.
I think Glandell was worried about a cheap T.O bid when he plowed in his 12 mill. And I wonder if this move to demerge which will probably now happen sooner rather than later is reflective of mgmt anxiety regarding a predatory move coming up say if Boda results are good...
By picking a manger now ALK might be trying to tell us h"your rear earth asset will be valued soon"... And maybe this could be used as an excuse in the event Newcrest lobs a hand grenade... i.e -optunistic as
our rear earth's aren't priced in, and we are doing something about it see.
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Last
65.5¢ |
Change
0.015(2.34%) |
Mkt cap ! $395.2M |
Open | High | Low | Value | Volume |
64.5¢ | 67.5¢ | 63.0¢ | $589.8K | 904.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 10000 | 64.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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66.0¢ | 7397 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2500 | 0.670 |
1 | 15000 | 0.660 |
1 | 500 | 0.655 |
1 | 1 | 0.650 |
1 | 10000 | 0.645 |
Price($) | Vol. | No. |
---|---|---|
0.635 | 411 | 2 |
0.655 | 16237 | 3 |
0.660 | 31397 | 3 |
0.665 | 50000 | 2 |
0.670 | 10000 | 1 |
Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
65.0¢ |
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Change
0.015 ( 1.56 %) |
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Open | High | Low | Volume | ||
63.5¢ | 67.0¢ | 63.5¢ | 227121 | ||
Last updated 15.59pm 25/04/2024 ? |
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