News: AKE Australian shares struggle for direction despite US data cheer, page-9

  1. 4,669 Posts.
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    When GXY merged with ORE and later became AKE the share price went higher then dipped then went
    from $8 to $16 then recent times back tracked to around $10 and now shooting upwards.

    I'll be holding no matter what.

    Think future dividends.

    It would not surprise me if AKE went past $30 a share.
    The deal doesn't happen until later in the year and then greed takes over and the share price will go far higher
    just before the merge. It may then track back a bit before going even higher.

    Just base that on which is what happened when GXY and ORE merged. It may not happen like that.
    Its just my gut feel.

    Its all gambling though. Who knows maybe some big world event puts another spanner in the works.

 
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