ALK alkane resources limited

Ann: Update on Proposed Merger with Mandalay, page-7

  1. 8,783 Posts.
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    no stress if that was aimed at me... I just post my analysis and my view on ALK and its board.

    I am ahead on my ALK holdings but I am very critical of how badly the board and its MD mismanaged the company. And since everything they did so far (outside the accidental success with floating ASM that allowed us to make money - and even with ASM they proved to be incompetent and now ASM trades at mid 50c from above $13) lead to ALK's SP to decline, I will hold them accountable.
    Right now no one can blame sentiment as all gold stocks are well above their historical ATHs. So it has to be the board and the MD.

    And until I see a change I will not be giving them any credit. Only when credit is due.

    Can't blame the market being wrong when the MD and his team entered into one of the worst hedges in recent history. The market did not make them do it.
    The market has nothing to do with MAG picking the ground next to Tomie.
 
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(20min delay)
Last
70.0¢
Change
-0.015(2.10%)
Mkt cap ! $423.8M
Open High Low Value Volume
72.0¢ 72.3¢ 70.0¢ $2.228M 3.152M

Buyers (Bids)

No. Vol. Price($)
12 130186 70.0¢
 

Sellers (Offers)

Price($) Vol. No.
71.0¢ 50000 1
View Market Depth
Last trade - 16.10pm 01/08/2025 (20 minute delay) ?
ALK (ASX) Chart
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