The big spanner in the works is that good damn report that came out. It says some bad things about Livent, but it really suggests some bad manipulation by our AKE management. Cooked the books. Let's see the rebuttal from management, if any. This is going to be needed for some change in sentiment.
We would have to assume that a lot of selling would be margin calls. With the price falling so hard and fast, I think many would have been caught out.
Current price suggests that no value at all has been added to the company in 3 years. What a joke. If the USA wants a lithium market to compete against China, this crap needs to stop.
LTM Price at posting:
$5.11 Sentiment: Buy Disclosure: Held
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