AKE 0.00% $9.83 allkem limited

Orocobre up on Friday Night, page-2

  1. 1,052 Posts.
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    What an ordinary looking piece of work this stock has become. I bought at $1.60 originally and have an order in for more shares at $2.15, but have little confidence in the SP anymore. The company erred badly in the way they handled the SR. I doubt many savvy investors would have bought in at $2.54 - I certainly didn't with the SR price under the SP. Then the rumour that lower oil prices are putting a dampener on the lithium market. If the SP continues to head back towards $2.15 today I will most likely move back my offer. For a stock that was motoring quite nicely, ORE has hit a bit of a slippery slope of late.
 
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