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3.98%

42.3¢ alkane resources limited

Hi Anti,There is absolutely no interest in ALK at the moment and...

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Dublin11

351 Posts.

24

24/07/24

14:30

Post #: 74894982
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Originally posted by Antipater_100: ↑

looks like ASM is under massive selling pressure for a while now and its SP is in the low 60s today.

could this be impacting ALK's sp too? I know ALK is due to release its Q report and it's not going to be pleasant read but we all know the production numbers will suck and we also know ALK are increasing their production so profits will be going higher.
and we know ALK will be going deeper into debt over the next 6 months.

and by now I fairly sure recent exploration results from around TGO and the region did not return anything worth reporting so next round of exploration results will be from later drilling from around TGO. Therefore, we may get some exploration results report from around TGO around end of Aug or mid Sep.

also, we may see some assay results this calendar year from Driell if ALK manages to drill those follow up holes around end of Aug or Sep.

All goldies are up except for ALK and while ASM is being smashed.

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Hi Anti,

There is absolutely no interest in ALK at the moment and we know who is to blame for that, and SP at these ridiculous lows, with Gold is at AUD 3,660!!

Nic and board need to do something quick to turn things around.

ALK Price at posting: 51.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 42.3¢		Change -0.018(3.98%)		Mkt cap ! $256.4M

Open	High	Low	Value	Volume
43.5¢	43.8¢	42.0¢	$974.5K	2.284M

Buyers (Bids)

No.	Vol.	Price($)
25	299996	42.0¢

Sellers (Offers)

Price($)	Vol.	No.
42.5¢	31705	10

View Market Depth

No.	Vol.	Price($)
23	297655	0.420
10	113886	0.415
8	51368	0.410
8	208636	0.405
10	156350	0.400

Price($)	Vol.	No.
0.425	56896	9
0.430	39720	4
0.435	33013	3
0.440	10735	2
0.445	86813	4

Last trade - 10.52am 02/08/2024 (20 minute delay)

ALK (ASX) Chart