ALK 2.88% 50.5¢ alkane resources limited

Regis resources has been declining, and the market seems to buy...

  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
 
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Last
50.5¢
Change
-0.015(2.88%)
Mkt cap ! $304.7M
Open High Low Value Volume
51.0¢ 51.8¢ 50.5¢ $355.8K 698.3K

Buyers (Bids)

No. Vol. Price($)
5 74764 50.5¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 125188 4
View Market Depth
Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
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