Quite agree James, despite the volatility in the SP, I've always...

Quite agree James, despite the volatility in the SP, I've always regarded ALK as being a bit of a safe haven stock (for about 10 years now).

I believe that the combined gold and Boda assets alone justify the current SP, and a demerged ASM will have very significant value in the new world of safe reliable RE resources.

The demerger will probably give us a better idea of how many holders are in for the gold and Boda, and how many for the Dubbo project.

My guess is that the SPs of the two companies added together will be around $1.50 when the dust settles, with maybe 80 cents for ALK and 70 cents for ASM.

I get the impression that there is some confusion as to how the demerger will work, and some holders seem to think that they will lose 1 in 5 of their ALK shares.

As far as I'm aware, if you own 10,000 ALK shares before the demerger, you will still hold 10,000 ALK shares after the demerger, but you will also own 2,000 ASM shares.

Doubled my holding this week, so I'm looking forward to seeing how this all pans out.

Cheers,Mike