ALK 0.00% 51.0¢ alkane resources limited

My initial thoughts were that ALK was being shorted on the...

  1. 407 Posts.
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    My initial thoughts were that ALK was being shorted on the expectation that it would drop out of the all ordinaries. Thanks Daubechies for your posts on shorts and Lureman for your posts on local scuttlebutt. I also think that 5.9% shorts may take a bit of covering. Now we have the rumour that Boda surrounds are too deep to be commercial. Could this rumour be another effort to push the price down to allow shorts to cover? Pure speculation by myself. I believe more results are due and I would love to see a nice long high-grade AU and CU announcement from Boda.

    Could luck all.
 
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