Morgans just put out this Company analysis on Allkem. New SP Target $16.65 (24% upside 12months). since buying GXY in 2020, AKE has now become my largest position in the portfolio. Still contemplating whether to take profit around $15 , or just keep holding and let the good times roll.
If it gets to $20 ill have enough for a house deposit (before im 30
). Scomo should be telling renters who are struggling to get into the housing market," Dont put money into savings, buy some AKE shares then buy a house."
F991CC55-D7D5-4709-AB8C-FEFDF0A06558.pdf (morgans.com.au) - not sure if link works for full report.