ALK 0.00% 42.0¢ alkane resources limited

Spot on Sunderlandtech,The hedge was structured on the not...

  1. 1,624 Posts.
    lightbulb Created with Sketch. 246
    Spot on Sunderlandtech,

    The hedge was structured on the not uncommon (unequal) pro rata monthly basis spread (unequally) over its term, intended to leave much available for sale at spot each month, ie any monthly production above the relevant (unequal) pro rata monthly amount.

    Better for ALK than providing a royalty or having an all gold (until the hedge quantum is met) contract. It did okay.

    GLTA.
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
42.0¢
Change
0.000(0.00%)
Mkt cap ! $253.4M
Open High Low Value Volume
41.5¢ 42.3¢ 41.0¢ $545.4K 1.305M

Buyers (Bids)

No. Vol. Price($)
1 20000 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 47137 4
View Market Depth
Last trade - 16.10pm 29/08/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.