AKE 0.00% $9.83 allkem limited

What about this one:...

  1. 62 Posts.
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    What about this one:

    https://www.copyright link/companies/mining/allkem-and-livent-bosses-face-down-criticism-of-16b-lithium-merger-20231112-p5ejbj

    Or Jefferys analysts: “cheap reverse acquisition of Allkem”.

    Or L1 Capital: “It is looking increasingly unattractive,” said Raphael Lamm, co-chief investment officer at Melbourne’s L1 Capital, which holds Allkem shares.

    Or the first page of the Scheme Booklet: "Allkem shareholders should note that Allkem Directors will receive certain benefits in connection with theScheme"

    Or the fact that: AKE is bringing about 73 per cent of resources and 66 per cent of capacity (according to another article). AKE is bringing ~700M USD in cash, Livent is brining ~$100M. AKE has diversification across multiple continents. LKE has one mine that is run horribly by all accounts. AKE NPV sitting at $30B AUD, who cares about Livent. Current NET profits AKE maybe 3x Livent (with much more growth to come on its own). -- AND YET, Livent CEO is going to be running this thing and all the AKE execs are running off with their pay day!! Yet, they aren't biased, trust them you say.

    Nice cherry picking, but funny we can all do that, including the AKE execs.


 
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Currently unlisted public company.

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