I won't be waiting for any bull run. As soon as the merge happens we may get a short term sugar hit then I'll sell my shares and put them all into PLS which are doing quite nice dividends where this company won't ever be doing that any time soon if ever and if a miracle happens and they do well no franking credits here.
PLS is low at present but no where near as low as AKE.
PLS sooner or later will be back over $5.
So come the merger which I think will happen as the big boys have a bigger say than any of us then when the shares spike I will bail.
Just to think just over 3 years ago I bought GXY shares for about $4500 and then saw ORE take them over and the share price was worth about $60K or so is now only work about $29K.
Many of you will have seen a bigger hit than I have seen.
I think many will bail after the merger then start buying up other lithium stocks and many like me have PLS and I see PLS shares rising on the day of AKE merger.
AKE Price at posting:
$8.46 Sentiment: Hold Disclosure: Held