ALK 3.10% 62.5¢ alkane resources limited

he sold ALK not long ago. I suspected it was for ASM CR but some...

  1. 7,404 Posts.
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    he sold ALK not long ago. I suspected it was for ASM CR but some people said ASM did not need to raise capital because they renegotiated the debt payment. To me that was silly as I could not see how ASM could continue with current funds and if they don't find more funding they will be in even worse financial position by the next quarter end.

    So here we are ASM in TH regarding CR. Will be interesting if they rise enough to see them trough for another 12 months and will IG have enough capital to participate fully or will he end up being diluted.

    They should have raised when ASM SP was above $10 and they should have raised at least $200m. It just shows you how short sighted the Chairman is... sad part ALK has the same Chairman.

 
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Last
62.5¢
Change
-0.020(3.10%)
Mkt cap ! $377.1M
Open High Low Value Volume
64.0¢ 64.0¢ 62.3¢ $627.4K 991.0K

Buyers (Bids)

No. Vol. Price($)
4 102048 62.5¢
 

Sellers (Offers)

Price($) Vol. No.
63.0¢ 6612 1
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Last trade - 16.10pm 30/04/2024 (20 minute delay) ?
Last
63.0¢
  Change
-0.020 ( 2.17 %)
Open High Low Volume
64.0¢ 64.0¢ 62.5¢ 229740
Last updated 15.59pm 30/04/2024 ?
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