AKE 0.00% $9.83 allkem limited

Ann: Private Placement of Shares , page-2

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  1. 10,295 Posts.
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    No comment?

    It is not unknown for companies whose shares that are about to be issued in Canada to receive a certain amount of downward pressure. However the company has just indicated it is looking at a resource upgrade, and will be shortly going ex distribution rights of its subsidiary (though I can't see the latter having a great deal of effect).

    This is a great move - for the medium to long term definitely. Maybe some short term pressure?
 
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