AKO 18.2% 13.0¢ akora resources limited

I think this may be the best (or at least top 3) risk/reward...

  1. 318 Posts.
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    I think this may be the best (or at least top 3) risk/reward opportunity of any stocks I’ve held having done this for a significant number of years. We still have a decent risk profile, which hopefully will be brought down shortly. It’s just the valuation opportunity if we can do that is huge. Just having a quick scan comparing AKO to RHK - the thing that stands out for AKO is the lower capex (relative to cashflow) and lower impurities - but most importantly the significantly higher IRR.

    This is just a great investment opportunity if they can reduce permit risk and get funding sorted. Hopefully we’re talking months for that to happen and the early investors will be appropriately rewarded.
 
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Last
13.0¢
Change
0.020(18.2%)
Mkt cap ! $15.66M
Open High Low Value Volume
11.0¢ 15.0¢ 11.0¢ $24.00K 180.4K

Buyers (Bids)

No. Vol. Price($)
2 44057 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 5131 1
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Last trade - 16.10pm 26/09/2024 (20 minute delay) ?
AKO (ASX) Chart
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