ALK 3.45% 45.0¢ alkane resources limited

Long term POG is still very bullish. Even is vaccine is out...

  1. 7,852 Posts.
    lightbulb Created with Sketch. 1479
    Long term POG is still very bullish. Even is vaccine is out today, how will Central Banks and Gov undo the damage done to the economies to date. And lot of damage was done prior to the virus.
    All these super low interest rates encouraged massive debts by corps, governments and individuals. As a result Central Banks can’t rise IRs much moving forward and on top Gov still need to launch massive stimuluses to revive the economies which means more printing.
    Many jobs won’t be coming back – companies just realised they can do more with less so why employing more people. Means many more stimuluses will be needed just to keep asset bubbles up.

 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
45.0¢
Change
0.015(3.45%)
Mkt cap ! $268.5M
Open High Low Value Volume
45.0¢ 46.0¢ 44.5¢ $1.537M 3.417M

Buyers (Bids)

No. Vol. Price($)
18 154354 44.5¢
 

Sellers (Offers)

Price($) Vol. No.
45.0¢ 231038 10
View Market Depth
Last trade - 12.39pm 01/08/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.