ALK 4.00% 48.0¢ alkane resources limited

This news article from February 2022 states "The company sold 20...

  1. 189 Posts.
    lightbulb Created with Sketch. 75
    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.
    https://hotcopper.com.au/data/attachments/6162/6162109-8790291d3b874c7c6bdc0eefa0e2768f.jpg
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
48.0¢
Change
-0.020(4.00%)
Mkt cap ! $289.6M
Open High Low Value Volume
50.0¢ 50.8¢ 47.5¢ $1.265M 2.583M

Buyers (Bids)

No. Vol. Price($)
5 33546 47.5¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 1321 1
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.