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0.00% $9.83 allkem limited

Contract price is down 20% for next quarter for carbonate. So...

  1. pastperformer
    7,182 Posts.
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    20/04/23
    08:39
    Post #: 67367822
    Contract price is down 20% for next quarter for carbonate. So while it's not down 50 or 60% as per the spot, it has been weaker.

    Spod Price has been very strong, and Allkem have finally delivered a good quarter. So Mount Cat is a big tick. Interesting comments here:

    https://hotcopper.com.au/data/attachments/5213/5213259-f9e8925dbf499eb1fed0681df2c3d53f.jpg


    I'm not sure what the market expected in terms of actual contract prices, but in my view this result looks very strong.
    AKE Price at posting: $12.28 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 32  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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