Whether it is the AKE - IGO - S32 - share, at the moment the market does not believe that the situation will change quickly. The basic framework of inflation - stagflation and threatening recession hangs like a sword of Damocles over the stock markets.
Many analysts are assuming stagnating sales figures for EVs, so we can we can be happy at the moment that we are sitting on a commodity that is nevertheless a scarce commodity at the moment.
On the side of the consumers, to which we also belong, everyone is waiting for the next utility bill while we moan about the increased cost of living or our hearts bleed when filling up the stillcar that is still powered by a combustion engine.
There will probably be one or two more bear rallies.
AKE Price at posting:
$14.07 Sentiment: Buy Disclosure: Held
