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3.48%

59.5¢ alkane resources limited

Id put TIE.asx on that list aswell. Incredible how the large...

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02/04/24

10:54

Post #: 73144304
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Originally posted by calmbeforestorm ↑

Gold stocks have got a lot of catching up to the 20% increase in POG in last 6 months - SP’s should have gone up circa 50% based on their leverage to the POG but have barely managed a 20% increase - GDX is only up 17.5%. Gold stocks are really still in a bear market despite a record POG - if gold stocks move into a bull market we will see many gold stocks move up 50% to 100% even if POG does not go any higher.

Some experts say that gold stocks are the most under valued in 50 years and if they are right then the upside in gold stocks is huge if stocks enter are bull market. For example in a bear market if stocks are under valued by 50% and then become 50% over valued in the later stages of a bull market which is a tripling of a SP without a further increase in the price they achieve for their product.

And ALK is one of the most undervalued gold stocks.

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Id put TIE.asx on that list aswell. Incredible how the large funds can do what whey want with stocks and the ASX turns a blind eye

ALK Price at posting: 66.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 59.5¢		Change 0.020(3.48%)		Mkt cap ! $353.0M

Open	High	Low	Value	Volume
58.0¢	59.5¢	58.0¢	$307.7K	524.3K

Buyers (Bids)

No.	Vol.	Price($)
10	21705	59.0¢

Sellers (Offers)

Price($)	Vol.	No.
59.5¢	49757	19

View Market Depth

No.	Vol.	Price($)
10	21705	0.590
13	109556	0.585
10	135036	0.580
12	188335	0.575
12	202220	0.570

Price($)	Vol.	No.
0.595	48558	17
0.600	57218	9
0.605	13088	6
0.610	139296	7
0.620	10985	3

Last trade - 12.34pm 07/05/2024 (20 minute delay)


Last 59.0¢			Change 0.020 ( 2.61 %)
Open	High		Low	Volume
57.5¢	59.5¢		57.5¢	162304
Last updated 13.01pm 07/05/2024 ?

ALK (ASX) Chart

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