ALK 3.45% 42.0¢ alkane resources limited

edison report on alk site

  1. 569 Posts.
    lightbulb Created with Sketch. 270
    Upgraded the valuation to $1.55/share of which 23c is for the TGP, $1.29 for DZP and 2c for the remaining Regis shares.


    I would be happy with this low ball valuation compared to the current share price but I guess that as the DZP boxes get ticked one by one, the valuation and actual price will rise accordingly.

    http://alkane.com.au/images/pdf/broker/20140213.pdf
 
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