Like I said everything is being hammered. Really surprised it went down to 29.5c. Many European funds are bailing out regardless of fundamentals. No stock is safe, even mining stocks paying close to 10% pa in dividends, let alone AKM. Read the GRR thread and posts by Legume re funds parachuting.
How wonderful if this gets a takeover offer like FMS did today. But I think anything less than 80c would not be acceptable to the likes of South Gobi.
AKM Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
