ALK 2.30% 44.5¢ alkane resources limited

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

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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
44.5¢
Change
0.010(2.30%)
Mkt cap ! $269.0M
Open High Low Value Volume
43.0¢ 46.0¢ 42.0¢ $600.8K 1.353M

Buyers (Bids)

No. Vol. Price($)
1 21499 44.5¢
 

Sellers (Offers)

Price($) Vol. No.
45.5¢ 70077 2
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
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