ALK 0.93% 54.0¢ alkane resources limited

Hi 1up,'Wouldn't put it past Petra for beating up the price for...

  1. 5,168 Posts.
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    Hi 1up,

    'Wouldn't put it past Petra for beating up the price for a capital raising'.

    Its been done before mate, by plenty but usually the SP is inflated on low volume. Here we have a high volume day and buyers no outweigh sellers 3:1. The fundamentals of DZP and the fact that Tomingley will soon allow Alkane to operate in cashflow is the likely driver in the SP today.

    This is just the beginning..
 
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