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$9.83 allkem limited

Excellent post, thanks!!!

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PatienceToWin

12,923 Posts.

1007

20/01/22

07:47

Post #: 58993880
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Originally posted by savvyinvestor: ↑

Numbers look good to me, especially the pricing guidance for next quarter which beat my expectations given past history.

will continue holding as one of my biggest positions at an average of $3, awaiting the $20 party and beyond. This may be a good stock for a multi decade hold to let it compound whilst they build out their portfolio of assets and expand each into its 2nd and 3rd stages etc.

will have its ups and downs, but a nice diversified group tier 1 lowest quartile of cost curve assets, so should be able to ride the waves of the lithium cycle.

I think there is a fair chance we will hit $15 later this year as the fomo builds from both retail and institutions, especially now that ake is inside the asx100 and I suspect is widely under owned by the fund managers and super funds...they will have to accumulate some AKE to track the index.

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Excellent post, thanks!!!

AKE Price at posting: $10.81 Sentiment: Buy Disclosure: Held
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