AKE 0.00% $9.83 allkem limited

Not quite right nrcmedia - what did they say in the recent...

  1. 20,020 Posts.
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    Not quite right nrcmedia - what did they say in the recent quarterly? The company was being heavily shorted and 10 million of these shares were purchased by many of the Top 20. And myself, of course, although I'm not taking any credit for the reversal of fortunes, but, hell, it was pretty bloody plain what was going to happen. The company is making money now, it's a different ball-game. Value will eventually bubble to the top.

    I'm also just going to sneak in here that if ORE were valued like it's larger peers, at a PE ratio of 20, and with an expansion of 25 kT per annum locked in, then there is a lot of potential upside to the SP - US$12 according to my back of the envelope calculation, although I would be happy with just half of that!
 
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