ALK 5.26% 54.0¢ alkane resources limited

Ann: Half Yearly Report and Accounts, page-26

  1. 1,032 Posts.
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    I hope ALK succeeds but clearly the market is not assigning any value to ALK's efforts. Regardless of what anyone says, the buck stops with ALK management. The whole situation is terrible for retail shareholders. I mean, how could NE even take steps to rectify the SP situation when Gandel is sitting there with a little less than 20% of the company's float and selling the share price into the gutter whenever he gets bored and wants a new toy. It's no wonder NE has that "holier than thou" attitude to shareholders who are unhappy with the SP, he has no other option but to pretend the SP doesn't matter. It's actually a really unethical dynamic.
 
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