AKE 0.00% $9.83 allkem limited

holding up , page-7

  1. 685 Posts.
    lightbulb Created with Sketch. 130
    papertigger, i think you also have to look at the general market at the time ORE slumped back to 1.10, resource stocks were getting slammed during that period and not many escaped the negative sentiment that drove them lower- even orocobre - investors simply refused to put risk on the table.
    However i still think the stock has some legs in it coming up to january, especially since it has held so well around the 2.10 mark. Had the sp had dropped below $2 after the CP i would have expected much lower prices. It's sitting pretty neutral at the moment with some reasonable volumes suggesting accumulation. With construction phase almost out of the way without any speed bumps so far i can only see blue sky ahead. What is needed is a marked change in overall sentiment in the broader market.
 
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.