ALK 4.60% 41.5¢ alkane resources limited

Following cashflow I believe offers real edge in these...

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    Following cashflow I believe offers real edge in these markets.



    Below is a graph showing number of days a company stock received positive large order inflows.
    In FY25 there have been 29 trading days.
    ALK has had daily inflows on 17 separate days, outflows on the remaining 12 days.

    Ranked 1 WGX 20 separate days of positive large order capital inflow
    Ranked 2 CMM 19 days positive inflow
    Ranked 3 ALK 17 days positive inflow
    https://hotcopper.com.au/data/attachments/6369/6369292-eebcd3afc046fcf84b5f7ea9dd15f589.jpg

    This graph shows ALK's Relative Share Price Performance against other producers in FY25

    https://hotcopper.com.au/data/attachments/6369/6369282-a694235620556d9ec74d0e981f7635f5.jpg
    Although not an exact science, note 3 of the top 4 highest ranked companies listed on the daily large order inflows graph (1st graph) have also had positive share price appreciation (WGX 9.47%, CMM 14.34%, SPR 19.79%) with ALK (-14.43%) being the exception. I'm hoping that soon ALK will no longer be the exception.

    Broker data
    Monday to Friday previous week
    Morgan Stanley and UBS sales accounting for almost 75% of all sell volume
    https://hotcopper.com.au/data/attachments/6369/6369228-295c0b657dcab720aeeff67155285aa0.jpg
    https://hotcopper.com.au/data/attachments/6369/6369229-ae2f31865149a8f516247b7e5af92f30.jpg

 
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Last
41.5¢
Change
-0.020(4.60%)
Mkt cap ! $250.4M
Open High Low Value Volume
42.5¢ 44.5¢ 41.5¢ $1.975M 4.706M

Buyers (Bids)

No. Vol. Price($)
4 120993 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 68000 2
View Market Depth
Last trade - 16.10pm 08/08/2024 (20 minute delay) ?
ALK (ASX) Chart
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