AKE 0.00% $9.83 allkem limited

Ann: Quarterly Activities & Cashflow Report - June 2015, page-57

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  1. 41 Posts.
    Have been watching with interest over the past two weeks in particular. Deliberate working of the share price lower via minor parcels. Finally in the last hour of trade we started seeing some volume on the bid ... 50,000 bid, 30,000 bid ... Given brokers valuations, Morgans $2.40, Macquarie (?) $2.80, has been strange witnessing the lack of buy side. Hopefully the break $1.60 has attracted serious buyers. Shorts have been increasing, this may unwind at some point closer to next update.
 
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