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.
This news article from February 2022 states "The company sold 20...
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Last
51.0¢ |
Change
-0.005(0.97%) |
Mkt cap ! $307.7M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 50.0¢ | $494.1K | 974.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 151980 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 89262 | 5 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |