ALK alkane resources limited

if a major is willing to pay $100m for 10% of the DZP, dont you...

  1. 1,960 Posts.
    lightbulb Created with Sketch. 1
    if a major is willing to pay $100m for 10% of the DZP, dont you think they would try an outright takeover of ALK and get 100% of the DZP? the current market cap of ALK is only marginally over $100 m.

    tomingley operations alone should warrant more than $100m. with approx $30 odd million in cash at present and zero debt the DZP is currently valued at zero by the market.

    ALK first appeared on my t/a software when scanning the other night as a possible turnaround & i am really liking what i see here. huge, huge potential.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
65.0¢
Change
0.000(0.00%)
Mkt cap ! $390.5M
Open High Low Value Volume
64.5¢ 65.3¢ 64.0¢ $450.9K 695.9K

Buyers (Bids)

No. Vol. Price($)
5 59381 64.5¢
 

Sellers (Offers)

Price($) Vol. No.
65.0¢ 127462 2
View Market Depth
Last trade - 16.10pm 21/07/2025 (20 minute delay) ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.