AKE 0.00% $9.83 allkem limited

Declining SP, page-11

  1. 733 Posts.
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    The decline is simply some profit taking after the rapid rise from $2.20 to $2.80 (which involved good buying volume). This fall has coincided with and been amplified by the dramatic drops on the overall market in the past week.

    I bought more on Friday at $2.36 and am very comfortable holding now. I think it will be back at $2.80 in the near future.

    I am also confident the lithium price will rise next year resulting in a leveraged increase in ORE's share price. Strong buy on this stock at these levels.
 
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