ALK 6.00% 53.0¢ alkane resources limited

Ann: NMPP Regional Exploration Update, page-41

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  1. 4,464 Posts.
    lightbulb Created with Sketch. 3117
    I sold most of my ALK shares during last week's runup, repurchased them back for 51c yesterday.
    This is looking way too cheap, especially from an operating cashflow perspective.
    Looks like good buying around these levels. The weekly chart is making a falling wedge pattern and is nearing the bottom of its current trading range.


    https://hotcopper.com.au/data/attachments/6275/6275253-138b591889c4052acf99f5d8a2fe63ed.jpg
    https://hotcopper.com.au/data/attachments/6275/6275257-d7b74d97000501d95f369acdcdffad63.jpg



 
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