ALK 1.16% 43.5¢ alkane resources limited

Hi @NikolaLIs it just me, expecting a retreat from the rapid 40%...

  1. 231 Posts.
    lightbulb Created with Sketch. 13
    Hi @NikolaL

    Is it just me, expecting a retreat from the rapid 40% SP increase on no big news, or does the timing and content of today's Tomingley Announcement read somewhat like preparing us for unremarkable / disappointing Boda results?

    To me, it reads like: "Things are going well. [Unwritten: So don't worry too much about (I am only guessing) Boda's underwhelming drill results; ALK has improved operating cashflows, plus cash, bullion, listed investments and undrawn credit."]?

    OR, Is it simply the usual transparency from great mgt., and the first bit of good news, to be followed shortly by much better news on Boda? Time will tell.
    AIMHO, DYOR

 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
43.5¢
Change
0.005(1.16%)
Mkt cap ! $262.9M
Open High Low Value Volume
43.0¢ 44.0¢ 42.5¢ $229.1K 532.3K

Buyers (Bids)

No. Vol. Price($)
7 81951 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 611 1
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.