ALK 2.53% 38.5¢ alkane resources limited

Ann: Significant Porphyry Au-Cu Mineralisation Width increases, page-99

  1. 365 Posts.
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    Well thanks for the replies.
    I get that people want to take money off when they've made a profit. I've held a number of shares (various companies) for coming up on 8 years and I'm lucky if I break even as of this moment, I do get it, but the amount of excitement even straight after the announcement I'm surprised the FOMO would not prevent people at selling around $1, it's like the interpretation of the announcement itself changed throughout the day.
    From what I'm seeing, (such as many Sentiments changing from BUY to HOLD). I would gauge the ALK level of excitement regarding the announcement at this point in time to be a level around '2.5' to '3' (if '0' is very disappointing and '10' is Cadia + levels expectation of value).

    Not that I think it would be warranted/fair value/rational but I wouldn't be surprised if we went back to $0.79 (purely personal gut-feeling). God willing that is crazy though.
 
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