ASX was open on the 4th & ALK went up by $0.015 to $0.375 and hit a high of $0.395
Are we rebounding from the bottom now? And never going back to lows like that again? I hope!
With all the good reports lately, the future looks bright for Alkane! Financing is the last major hurdle, & they have most of it figured out. Just a matter of time now, & plan on staying in ALK for a while.
Thanks! Now to top off the weekend with tonite's NASCAR Firecracker 400
That will get you pumped up like this stock is doing right now. Not sure why Alkane went down this far, especially with all the good statements & outlooks from the company. But it looks like the bottom has been reached, and we are on the rebound. I believe that REE prices & the world markets have brought us to this low. I only have ALKEF at this point & have not looked at the share price of ANLKY until you reminded us. I seldom post my thoughts, & am far from being an "expert". And I have never posted on ANLKY, as I have never owned that one. However I have held LYSCF & ALKEF over the last couple years, and know the history of both. As far as the outlook for Alkane & Lynas, they should prove to be great stocks in the long run. And some see a good move up in the very near future.
I was shocked to see the difference of share price from ALKEF to ANLKY You may be right about ANLKY being the preferred stock to be in. Like LYSDY is the one to own in the Lynas group, however I always traded in the LYSCF group. Here lately there has been so much turmoil in Lynas, that I am afraid to put my money in that "slot machine". And Alkane has no group of protestors constantly banging on them & bringing the share price down. Let alone scaring away potential investors. So as I see it with Alkane, it's business as usual, with a bright future down the road. And Ian Chalmers has decided to keep mining operations in Australia, unlike Lynas who now must regretting that move to Malaysia.
So, I'm looking forward to next week, and hoping for a steady rise up!