absolutely @lunatec The fact that they are denying the claim, is proof there is legitimacy in it.
The other important thing to note, it was a Macquarie analysist in the article that stated they dont see value at these levels. The irony of this is Macquarie has one of the highest broker targets amongst analysts covering AKE. I would say they have an interest to protect here?
James bay approvals - How would these be affected in the event AKE received an offer? Ie would a potential suitor be waiting for this decision before swooping?
Martin sounded very frustrated and unsettled on the call. He has a lot on his plate at the moment I would suggest.
not advice
AKE Price at posting:
$11.80 Sentiment: Buy Disclosure: Held
