This news article from February 2022 states "The company sold 20 million of its 31.7 million shares on Monday, netting it A$34.4 million in proceeds". The average sale price of GMD shares was $1.72.
https://resourcesrisingstars.com.au/alkane-sells-most-of-genesis-stake/
I think the Alkane share price has been underperforming because of falling grades and rising AISC at Tomingley. The share price should rise when grade goes back up again.
Ann: Revised Kaiser Resource Est Improves Confidence and Grade, page-110
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.5¢ |
Change
0.005(1.00%) |
Mkt cap ! $304.7M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.0¢ | 50.0¢ | $192.0K | 381.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 8638 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 38263 | 13 |
View Market Depth
| Last trade - 13.03pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
51.0¢ |
Change
0.005 ( 0.73 %) |
||||
| Open | High | Low | Volume | ||
| 50.5¢ | 51.0¢ | 50.0¢ | 92518 | ||
| Last updated 13.24pm 17/06/2024 ? | |||||
| ALK (ASX) Chart |
