I agree. Better to just go long ORE and short TLSA in whatever proportion you are comfortable. There are lots of company specific risks (on the upside and downside) in both stocks that won't necessarily play neatly.
Personally I'd expect that ORE could rally back to $4 over the next 12 months provided everything remains on track and there are no nasty Argentinian surprises. After that how high it could go ($5,10, maybe even $20) will largely depend on just how strong the Li market is.
- Forums
- ASX - By Stock
- AKE
- developing the thesis for a pair trade
developing the thesis for a pair trade, page-3
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online