AKE 0.00% $9.83 allkem limited

Ann: Share Purchase Plan Booklet, page-52

  1. 7,587 Posts.
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    That this share price is trading well over $2.52 is all you need to know. Its been fairly impervious to the US fall from highs. This will be over-subscribed like the Insto offer so you won't get your full allocation. The stock is trading at $2.84 near the closing date. Is there much of a decision to be made? You've a risk before allotment, but Insto money is back in and buying since their $2.52 top up....its a no brainer to me. I bought more at $2.60 presuming I wasn't going to get allocated. ORE a $3 stock even with the US correction.
 
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