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
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $284.3M |
Open | High | Low | Value | Volume |
48.5¢ | 49.5¢ | 46.8¢ | $521.4K | 1.094M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4298 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 15475 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4298 | 0.470 |
5 | 16257 | 0.465 |
4 | 70984 | 0.460 |
1 | 1500 | 0.455 |
8 | 48600 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 15475 | 2 |
0.485 | 681 | 1 |
0.495 | 5577 | 3 |
0.500 | 51500 | 2 |
0.515 | 51070 | 3 |
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