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.
- Forums
- ASX - By Stock
- Ann: Gold Forum Europe 2024
I am interested in some of the views of this presentation. In my...
- There are more pages in this discussion • 89 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALK (ASX) to my watchlist
(20min delay)
|
|||||
Last
63.0¢ |
Change
-0.005(0.79%) |
Mkt cap ! $380.1M |
Open | High | Low | Value | Volume |
64.0¢ | 64.5¢ | 62.0¢ | $627.4K | 988.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 800 | 62.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.0¢ | 82304 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 800 | 0.625 |
2 | 19561 | 0.620 |
5 | 18685 | 0.615 |
5 | 23622 | 0.610 |
3 | 13900 | 0.605 |
Price($) | Vol. | No. |
---|---|---|
0.630 | 82304 | 6 |
0.635 | 4422 | 1 |
0.640 | 18000 | 1 |
0.645 | 58803 | 2 |
0.650 | 7700 | 2 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
62.0¢ |
  |
Change
-0.005 ( 1.98 %) |
|||
Open | High | Low | Volume | ||
64.0¢ | 64.5¢ | 62.0¢ | 216826 | ||
Last updated 15.59pm 21/05/2024 ? |
Featured News
ALK (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online