ALK 0.63% 39.8¢ alkane resources limited

not sure why?, page-27

  1. 63 Posts.
    Regis resources has been declining, and the market seems to buy and sell ALK according to the danger of Regis regressing from $5 to $4....


    Cons
    *There is fear that the DZP will not be economical
    *There is fear that Regis Share value will fall 20%
    *There is no word regarding Mining licence

    Pros
    *Value of assets means ALK is undervalued
    *Regis planning on paying dividends (up to $3M in income for ALK)
    *Takeover Target (at these low valuations)
    *Exploration drill gold results - the grades are great!

    NEUTRAL
    *Exposure to O/S markets

    DYODD
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
39.8¢
Change
-0.003(0.63%)
Mkt cap ! $238.3M
Open High Low Value Volume
40.0¢ 40.0¢ 39.5¢ $10.51K 26.28K

Buyers (Bids)

No. Vol. Price($)
17 120154 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 8115 6
View Market Depth
Last trade - 11.06am 27/08/2024 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.