ALK 3.24% 55.8¢ alkane resources limited

Ann: Tomingley Debt Restructured, page-120

  1. 3,908 Posts.
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    Recent operating performance has been below par.
    TGEP future capex requirements poorly communicated with market.
    Massively out of the money hedge book.
    Cash balance erosion and debt negatively effects risk profile.
    Major shareholder has been slowly unwinding position over last 18 months.
 
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