AKE 0.00% $9.83 allkem limited

This is not turncoat behavior. This is an ongoing concern of...

  1. 1,632 Posts.
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    This is not turncoat behavior.
    This is an ongoing concern of GXY/AKE holder being treated like mushrooms and robbed blind of their investments.
    Compared to other the Li miners on the ASX, AKE management has delivered a mediocre performance with a lot of luck. IMHO, their Tier 1 assets and the prospect of turning them into money printing assets is why AKE does perform better on the Comparative Company Index.
    The only reason why GXY didnt disappear during the Li downturn was that Mt Cattlin was in operation, no debt and their legacy network in China.
    Our criticism of GXY and AKE management did not start with the merger. Many of us were very vocal about the nepotism and corporate blunders (A40 debacle, part of SDV sell to get bonuses, etc) that GXY management was responsible of over the years.
    How long have you been on this forum?
    Before making accusations, have the courtesy you and do some basic research. It is all documented.

    This merger is a reverse takeover and a sell out by AKE management.
    Watch the AKE team part ways from NewCo with a golden handshake once the merger goes ahead.
    F@#$ the merger.
 
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