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AKE Chart, page-93

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13,278 Posts.

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10/12/21

09:41

Post #: 58205384
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Originally posted by akgo01 ↑

Egeria,

I had a look at PLS' book, and I could see that you are right that PLS has outperformed AKE in the share price front. I don't know enough in other fronts.

AKE currently has 344,200,000 Shares Outstanding and trading at about $ 8.87 per share.
PLS currently has 2,899,000,000 Shares Outstanding and trading at about $2.51 per share.

That means, if PLS' Shares Outstanding is consolidated to the same amount as AKE's, then PLS' share price actually is trading at about: (2899 million : 344.2 million) x $2.51 = $ 21.15 per share.

That is amazing. No wonder the crowd over there gets the warm fuzzy feeling as you said.

But is that current valuation reasonable and sustainable? I wonder.

One thing I am sure now is how cheap AKE actually is compared to PLS. So I will stick around.

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Hang on don’t we now have over 600M shares on issue?

AKE Price at posting: $8.87 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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