For this chart (I will quote it below), the share prices don't have to be in the same currency. Why? The reason is very simple!
![https://hotcopper.com.au/data/attachments/5765/5765254-b1446d26a9ee651f992cb856288efdbd.jpg](https://hotcopper.com.au/data/attachments/5765/5765254-b1446d26a9ee651f992cb856288efdbd.jpg)
What is measured is the difference of each share price 3 years ago and now. For example, AKE's 110.97% growth is calculated by deducting its share price 3 years ago from its current share price and put it into percentage. As you can see clearly in the chart, AKE current share price is still much higher than 3 years ago.
The same calculation is used on ALB and LTHM. And you can see clearly in the chart their individual current share price is lower than 3 years ago.
I actually didn't believe it when I first saw it. So I made the other chart comparing only ALB and LTHM which are in the currency:
![https://hotcopper.com.au/data/attachments/5765/5765262-34518fd695655d82287c229ded6e24cb.jpg](https://hotcopper.com.au/data/attachments/5765/5765262-34518fd695655d82287c229ded6e24cb.jpg)
The result is the same! Look at it! They are in the same currency.
The current share prices of ALB and LTHM are less than what they were 3 years ago!! That is a fact!
The fact is in the last 3 years, ALB and LTHM, which are listed in NYSE, instead of making gain like AKE, which is listed in ASX, made a loss. Any gain that they made in the last 3 years has been wiped out and more. That is a fact!
Be prepared to have the gain of your NewCo shares listed in that fantastic NYSE wiped out every 3 years.
(If you vote Yes to the merger.)
![Smile](styles/default/xenforo/clear.png)
)