AKE 0.00% $9.83 allkem limited

Big gains on the back of the Paris climate agreement, page-191

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    I would expect that the capital raising will flow down to ordinary shareholders like the last one did in which case, it might present a good buying opportunity.

    I am crystal balling on the use of the funds, but I am thinking these may be for expansion of their facility at address the growth in the market for Lithium.

    I note the GMM w share price is up around 500% since August as they are in the process of developing their Lithium plant.

    All will be revealed in the next day or two
 
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