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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48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $293.4M |
Open | High | Low | Value | Volume |
49.0¢ | 50.0¢ | 48.0¢ | $356.6K | 734.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13196 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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49.5¢ | 7642 | 1 |
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No. | Vol. | Price($) |
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1 | 13196 | 0.485 |
8 | 52142 | 0.480 |
4 | 152642 | 0.475 |
5 | 117015 | 0.470 |
2 | 5393 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 7642 | 1 |
0.500 | 59142 | 3 |
0.515 | 51070 | 3 |
0.520 | 4574 | 3 |
0.525 | 5000 | 1 |
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