I actually suggested ages ago they should build a smaller plant that they could scale up as funds and demand for minerals eventuates. This provides a buffer of funds should issues arise. Good move in my opinion, just unfortunate it wasn't realised sooner.
I was considering selling my stock when they were trading in the 60c's but couldn't do it. Now that they are in the 50's,I definetly won't sell.
The market took a hit overall and Alkane wasn't going to be immune to the drop, saying all that gold looks to be rising and a Trump win could do wonders for the yellow metal. There could be lots of other drivers now for Alkane and it was a bit underwhelming that the latest news release from Alkane didn't push its shares higher, I am going to say wait and hold!
DYOR
CONFUSED
I actually suggested ages ago they should build a smaller plant...
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $295.7M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 49.5¢ | 48.0¢ | $300.8K | 617.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46396 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 37799 | 5 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |