ALK 2.11% 48.5¢ alkane resources limited

Ann: Tomingley Debt Restructured, page-79

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  1. 2,729 Posts.
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    Ah, but it had already been priced in way back. Then the market woke up and realised that despite Boda being a monster, it'll take a while to develop and no-one wanted to wait for that seeing as it was already priced into the SP. People took their profits and ran.

    Now we are back to pre-Boda prices (not exact so don't be picky) BUT, the project is coming to fruition so it's starting to get priced back in.

    Slow as hell I agree but the market has already indicated where we are heading back to cause we've been there before when Boda was first announced...and now it's even bigger ;-)
 
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