ALK 3.26% 47.5¢ alkane resources limited

Ann: Quarterly Activities Report, page-198

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  1. 2,729 Posts.
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    Disagree with the management thesis. IG has been buying, how's it his fault the SP is falling?
    I feel like an idiot today too having bought at 45 thinking it was a great price and about to start reversing. Obviously wrong.
    I'm not blaming my rush of blood on management. ALK is worth what the market decides it is worth.
    If the SP is not performing, the company doesn't pay a dividend, there are upcoming expenses and just stagnant earnings in the ST, why would the price rise?
    Longer term, I do not currently see any issue with holding my shares assuming there's not some information that we haven't been provided with.

    Yah...a sh$t day, week, 12 months, I don't disagree with that. I'm 3 years in and I can only blame myself.
    Just my opinion/view of the current situation.
    DYOR. GLTAH.
 
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