AKE 0.00% $9.83 allkem limited

ORE Chart, page-460

  1. 181 Posts.
    lightbulb Created with Sketch. 43
    At some point the market and the charts will rationalise. I’m not worried and buying more every 5% drop. falling knife fear doesn’t apply with profitable company unless you think that lithium demand is declining in the future... at AU$750m market cap ~US$550m in assets ~US$250m cash and current net profit >US$50m with forecast growth to conservatively triple within 5 years I can’t see where the shorts are getting their kahunas. I may be blinded by my increasingly overweight holding but if someone can find a better value stock i’m all ears.
 
watchlist Created with Sketch. Add AKE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.