AKI african iron limited

Only just started looking at AKI. They sure deliver good news on...

  1. 5 Posts.
    Only just started looking at AKI.
    They sure deliver good news on the IO front and a financial package to boot.

    Simple deduction would infer that their slide from the highs at beginning of Jan were very harsh.
    Its obvious that international finacial woes are weighting on investors minds but I have to wonder how long it is going to take for people to realise that the money to get project operational probably wont come from EU or US anyway, but China's cash reserves (indirectly).
    You'd think that AKI would lead the way when confidence grows at this end of the market.

    This stock ticks alot of boxes,I think it should be between 30 - 35 even in these conditions. I havent done enough research to buy just yet but it looks bloody good. You definetly get the impression that a little optimism or some clarity after US makes a decision on their debt ceiling and undervalued stocks like this with a good project turnaround will jump.
 
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