ALK 4.76% 50.0¢ alkane resources limited

Certainly not disappointed. Boda is a real winner. This...

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  1. 1,625 Posts.
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    Certainly not disappointed. Boda is a real winner. This announcment underscores this.

    I think Alk does not sell the story well. It takes a fair bit of picking though announcements over time, and understanding of porphyry copper–gold deposits and their nature (large volume low grade precipitation formations), and the scale of this on the global stage, to truely understand what a winner this is.

    If it were properly explained the price would be much higher - well over $1 IMO - and we would have more instituional investors.

    As it is, I think we will end up with a trading halt and JV offer at some random point in the short to medium term, at which many in the market will be surprised by the value. Both lead to the same positive otucome for shareholders. The former is a more settled ride for shareholder, the latter more ecxiting if holding when it happens.

    GLTA.
 
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Last
50.0¢
Change
-0.025(4.76%)
Mkt cap ! $302.5M
Open High Low Value Volume
52.0¢ 52.0¢ 49.0¢ $761.2K 1.511M

Buyers (Bids)

No. Vol. Price($)
2 46997 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.5¢ 1626 1
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Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
ALK (ASX) Chart
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