ALK 0.99% 50.0¢ alkane resources limited

Hmm .. I find it hard to believe that our major shareholder sold...

  1. 3,295 Posts.
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    Hmm .. I find it hard to believe that our major shareholder sold down ALK through financial need. Gandel Metals has many assets/tenements that could surely provide liquidity if needed. Although unable to fathom the motivation behind the sales at the currently undervalued price, I still think that it was more strategic than needs based. I also believe that it would be unwise for SHs to underestimate the chairman’s strategic brilliance, his preference for control, and his deal making skills. Not to mention his long term interest in gold in general and Alkane in particular. .. I just hope that if it was strategic, then it will benefit all shareholders. … With the AGM in 10 days, and both IG and IC up for re-election, can we expect any SP positive announcements, or something even from left field? .. Just wondering.. GLAHs
 
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50.0¢
Change
-0.005(0.99%)
Mkt cap ! $301.7M
Open High Low Value Volume
51.5¢ 51.5¢ 48.0¢ $944.9K 1.900M

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No. Vol. Price($)
7 134206 50.0¢
 

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Price($) Vol. No.
50.5¢ 7500 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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