Ann: Quarterly Activities Report, page-24

Yup bought back at 0.211, yes it can fall further but probably not much with $80m backing it and a MC of $104m, and all the infrastructure and expertise the company has, and from memory Gandell's bought 1,391,766 ALK at .230c and Chalmers 1,000,000 at about .25c.

I sold half the shares I had after the AGM in Sydney and the rest a few weeks later. Something Nic Earner said to me which spooked me.

So back in with more. I hope Chalmers and Gandell know what they are doing. Not expecting much to happen in the next couple of months.

I can understand peoples dissatisfaction at the share price. Yes better buys else where but where?

I am seeing it as a gold miner rather tham RE.

Someone mentioned Price of Gold. The chart below, I know nothing about TA but I do look at charts.