Damn, so annoying that CAIs underperformance is dragging ALKs investments lower.
Though the cash burn continues to be high.... ALK has good hedging and the spot price is high.... I would have though they could have increased their cash position a little more than $600k. I guess all the drilling is taking it's toll.
Listed investments decreased by almost 50% since Sept.
Perhaps they need to re-think their investment thesis.
Ann: Tomingley Q3 FY2023 Production, page-9
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Last
54.5¢ |
Change
0.005(0.93%) |
Mkt cap ! $329.4M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.5¢ | 53.5¢ | $1.028M | 1.885M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2299 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 86424 | 7 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ALK (ASX) Chart |