ALK 3.10% 62.5¢ alkane resources limited

I am interested in some of the views of this presentation. In my...

  1. 1,585 Posts.
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    I am interested in some of the views of this presentation. In my view it was a pretty run of the mill mining presentation - not bad nor outstanding.

    Serious investors will always look at the underlying documentation, eg 5-10 years of annual reports and a couple of years of quarterlys and a range of media, at a minimum, plus communicating with the company. This was enough to mean some will do that I suspect.

    The real story is not individual companies but where the gold price goes. My take away from the presentation was that Alk is a pretty cheap way for a major to get licences and resources in a tier one jurisdiction - in other words that this was a sound company with excellent prospects, but a managment that does not aggressively progress.

    This to me meant the possible effect of the exposure and presentation was that Alk might be viewed as a cheap takeover target. This would mean substantial upside for current investors in a single step.

    I continue to buy on a regular basis, including today.

    GLTA.
 
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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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