AKO 6.67% 14.0¢ akora resources limited

AKO General Discussion, page-616

  1. 2,409 Posts.
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    Ohhhhh haha, well that's awesome!

    I'm not too worried about people taking shots at AKO, there are some very smart people on there, and some funny people, it has its value for sure. I would like a win here so I could get redemption there for laughs. We'll see...

    I've shared my first investments on there, and shown other updates as I increased my holding. I'll maybe do another update if I get to my next target in shares.

    I unfortunately lost my AKO CFDs (curse you NMT management) and now my holding is just in shares and options (no leverage).

    I'm glad you can see the opportunity that I can see also, i had an idea that I'll share with Paul when I see him at the conference, about a dividend reinvestment plan.

    I'd like the company to look into a slurry pipeline so we could expand beyond 2mtpa to 5 or 10 mtpa.

    I think a slurry pipeline could cost up to $450m, and I'm thinking a good way to reward holders, and keep money in the company, would be to pay a big dividend, but also have a dividend reinvestment plan (DRP) in which holders could take shares instead of money, and get a 10% discount on those shares.

    If I knew the DRP was a short term opportunity to fund and accelerate the build of a slurry pipeline, which would have a big impact on Opex costs, it would mean more tonnes shipped at a much lower cost, more profit and higher dividends with holders who reinvest owning a lot more shares, rather than buying them on market.

    Anyways, I haven't even looked into it, it was just an idea that popped into my head...
 
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Last
14.0¢
Change
-0.010(6.67%)
Mkt cap ! $16.86M
Open High Low Value Volume
14.5¢ 14.5¢ 14.0¢ $11.93K 84.74K

Buyers (Bids)

No. Vol. Price($)
1 478959 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 55 1
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Last trade - 15.32pm 21/06/2024 (20 minute delay) ?
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