Do we know how much they have been shorted? Having a lot of shorts can be a good thing to help appreciate the share price as short covering comes into play. But it depends what the outlook for the stock is.
I think the outlook for the combined entity would be greater than for Allkem on its own.
I should also disclose I haven't had a chance to read the full document yet.
AKE Price at posting:
$9.24 Sentiment: Buy Disclosure: Held
