ALK 2.53% 38.5¢ alkane resources limited

Ann: Trading Halt, page-61

  1. 1,402 Posts.
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    The DEMERGER does not necessarily come with a 1:1 ratio .
    Depends on how ALKANE intends to value the DZP assets ,the Toongi mineral deposit , the intellectual property , any cash and any carrying costs .
    Will be interesting to see what market cap they arrive at ...as if where a new IPO float !
    And whether there is a new core shareholder , who subscribes capital for shares .
    Consequently ....shareholders might receive one new ASM share for every xxxxx ALK shares held ...seeing ALK will have circa 550 m shares after this current capital raising .
    Its a wait and see .
 
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Last
38.5¢
Change
-0.010(2.53%)
Mkt cap ! $232.3M
Open High Low Value Volume
39.0¢ 39.5¢ 38.0¢ $601.4K 1.551M

Buyers (Bids)

No. Vol. Price($)
4 23471 38.5¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 14668 1
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Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
ALK (ASX) Chart
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