AKE 0.00% $9.83 allkem limited

No.1 shorted ASX stock...., page-50

  1. 181 Posts.
    lightbulb Created with Sketch. 43
    personally I think the reason ore is shorted is that they are expecting a capital raising based on announcing expansion plans without having the cash in the bank. I presume they are expecting ore either announce: cr, delay of expansion, or increased debt, all of which will generally cause short term share price drops. none of these will effect the long term value of the company so shorters will either get a little win if they are right or get smoked if richard saville is right. Either way I dont think long term investors have anything to worry about shorters being on the inside of something sinister.
 
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.