ALK 6.54% 57.0¢ alkane resources limited

I compare to what EVN paid for Northparks and around $150m is...

  1. 7,654 Posts.
    lightbulb Created with Sketch. 1442
    I compare to what EVN paid for Northparks and around $150m is fair price. ALK makes massive profit on the investment (costs to explore it) and retains 20% free carry and then collects roughly 40Koz AuEq of profits per year for few decades.

    This is equivalent to having small second operation which can set the stage to grow the company when combined with TGO profits.
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
57.0¢
Change
0.035(6.54%)
Mkt cap ! $343.9M
Open High Low Value Volume
53.5¢ 57.0¢ 53.0¢ $1.243M 2.231M

Buyers (Bids)

No. Vol. Price($)
1 1869 53.5¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 30258 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.