ALK 0.00% 47.0¢ alkane resources limited

Ann: Operations Update, page-9

  1. 1,625 Posts.
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    Sapio, its due to macro factors; Covid 19 hits 700,000, DJIA F flat to down is; Japan stocks drop 4% etc. But, equally, if any of those changes to the positive, then I suspect Alk will pop up to the low .60's by close. Where it is tomorrow will dependent on overnight.

    Seems like good buying to me. Probably not the bottom but I am fairly confident it will be up shortly, ie in th next few days, if the trend over the past 2-3 weeks continues.

    All has short term risk of course, but medium to long term very little risk with Alk.


 
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