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14/11/23
12:26
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Originally posted by Nolan78
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The market doesn't like it for sure. Its been dropping hard ever since talks started on the merger.
Usually when a company is about to merge the stock flies upwards not heads south at a rate of knots.
When GXY was merging with ORE GXY went from $1.50 to $5 in no time and then the merged stock went from $8 to $17
and that was in a time during the pandemic when most stocks were going south and when lithium wasn't as high as it is now even though lithium
is going south the price is still higher than 3 years ago.
Think we have all made a terrible mistake. Should have got out when it started its slide south.
Livent been making some big mistakes which is why their stock is in free fall taking AKE down with it.
The only hope we hold onto is if the two companies become 1 which will happen we all hope
the new share price is about $13 then sell.
If we had not got involved with Livent the share price would still have fallen due to lithium falling in price but it would not have fallen as far as it has.
The stock price now would be about $13 not $8.
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“When GXY was merging with ORE GXY went from $1.50 to $5 in no time and then the merged stock went from $8 to $17
and that was in a time during the pandemic when most stocks were going south”
@GARETH78 already called out your nonsense iirc.
Please post a comparison chart of lithium-related stocks for the period you are referring to.
In other words, substantiate your claims.
I don’t believe you.
Good luck
Last edited by
GCar :
14/11/23