ALK News: Alkane Resources (ASX:ALK) shareholders have earned a 73% CAGR over the last three years - 9th Feb 2022, 6:28am

[zeeb0t]

While Alkane Resources Limited (ASX:ALK) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 13% in the last quarter. But that doesn't change the fact that the returns over the last three years have been spectacular. The longer term view reveals that the share price is up 310% in that period. Arguably, the recent fall is to be expected after such a strong rise. Only time will tell if there is still too much optimism current...

>>> Read more: Alkane Resources (ASX:ALK) shareholders have earned a 73% CAGR over the last three years

 

[Gort8]

I've been in ALK since 2011 and have benefitted from the spin off of ASM. I find that the management of ALK to be very competent, measured and always with a view of keeping shareholders properly informed. ALK has a number of "irons in the fire" which makes for an interesting 18 months to 2 years.

 

[Gort8]

Something must be in the wind. A nice jump in share price this morning. Hopefully good news coming...

 

[kalinda]

It's to do with the Russia Ukraine saga. Punters seeking refuge in Gold...
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