Well, if you compare the likes, AKE apparrently has not done well enough.
Prior to the Lithium collapse, PLS, GXY & ORE are all about similar MC at peak of $1.6b each, i.e. GXY + ORE ~= 2PLS. Today, the comined is about 0.6 PLS.
At the trough, PLS lowest SP was 14 cent when ORE was $1.7, that's about 12 times multiple. And today, you can see AKE SP is less than 3 times of PLS.
Another comparison is AVZ, when its trough bottom was 3.6c, which is about 1/45 of ORE SP. Today AVZ is about 92c, that's 1/13 of ORE SP.
There is nothing to be proud of AKE performance.
AKE Price at posting:
$11.43 Sentiment: None Disclosure: Held
