ALK 7.41% 43.5¢ alkane resources limited

New Petra Report on ALK site, page-30

  1. 179 Posts.
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    Petra report in Sep 2015 had a buy recommendation and 12 month target price of A$0.50c.
    At the time the SP was A$0.28c , hit a low of 18c if Feb 2016 then high of 51.5c on 27.09.2016..
    So fingers crossed they get it right again.

    Who knows what the low will be, charts are great to look back at the past, sometimes they just look very wrong, usually due to players, bots or bad news and we only have good news.
    I'm happy with my average price now and will be very surprised if its not much higher than today's price of .315c within 12 months.

    Hope every one has a happy Christmas
 
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