The positive price action today continued , in line with the "kick up" of most of the Aussie gold producers .
ALK is in a "sweet spot" ...in that its a producer paying its way , has adjoining "proven" tenements at Roswell/San Antonio guaranteeing a + 10 year additional mine life , and it has controlling interests in two very fertile ASX WA companies at Genesis and Calidus.
Oh ......I forgot Boda ........!!!!!!
I can't post charts here ( someone smarter can ) ....but the RSI/MACD /SLOW STOCHASTICS indicators look pretty damn appealing .
And coming back to the AGM Presentation .
Directors and Managment ( Ian Gandel ) own 26% ...and Domestic and Foreign Institutions own ONLY 15.5% , we "retail holders " own the remaining 58%!
At some point in time , the "trigger" must go off for an Australian or overseas Insto to "hit the market "to establish a strong position ---so that cometh the day, cometh the time ....that Insto will be in a PRIME POSITION to work with Ian Gandel to proceed with AN AGREED STRATEGY for the progression of ALKANE ---be it with bringing Genesis and /or Calidus into the ALKANE umbrella , or developing Boda .
Have I got enough Alkane ...I go to bed with those thoughts , and whilst I think "probably not"....I equally balance that by thinking that for an old investor --the downside is limited or minimal ( caveat emptor always being mining always carries more risks than Banks or Telco's ....probably )
Point of the post ..some smart Instos must be assessing what I am seeing .
All in my very old and very humble opinion !
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Ann: Managing Directors AGM Presentation, page-19
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Last
40.0¢ |
Change
0.005(1.27%) |
Mkt cap ! $241.3M |
Open | High | Low | Value | Volume |
40.5¢ | 40.5¢ | 39.5¢ | $217.3K | 543.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8800 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 140277 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8800 | 0.400 |
4 | 40797 | 0.395 |
2 | 11800 | 0.390 |
2 | 13987 | 0.385 |
15 | 204898 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 125421 | 4 |
0.410 | 2439 | 1 |
0.420 | 52000 | 4 |
0.425 | 11463 | 3 |
0.430 | 18900 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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