Australia's largest stock trading and investment forum Australia's #1 stock forum

AKE

Click for more information

0.00%

$9.83 allkem limited

Allkem General Discussion, page-3760

First 3760 Last

Share
Profile

Follow
Borroloola

1,162 Posts.

16

18/05/23

15:33

Post #: 67846572
Share

Originally posted by a-doris: ↑

This question may have been asked previously but have not seen an answer.
Should we expect LIVENT or AKE to be the share price setter leading up to merge date and why.?
Last night for example LTHM down (-1.81%) most others up (ALB +0.94%: SQM +0.22%: LAC +2.12%).
This on top of increasing Li prices.
Is this due only to shorters seeking to manipulate the price...to cover, or are there other factors.?
Because this is a merger rather than a takeover I would expect share prices in both companies to move in common with each other.
Maybe I am wrong??
Thanks

Expand

I would hasten to add, focus on weekly or fortnightly movements in the share price movements of LTHM (Livent) and AKE, rather than daily.
The two companies don't move in 'lock step' and not akin to Torvil and Dean: not just yet

AKE Price at posting: $15.26 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

There are more pages in this discussion • 1,392 more messages in this thread...

First 3760 Last

Add AKE (ASX) to my watchlist