AKE 0.00% $9.83 allkem limited

some views on valuation

  1. 357 Posts.
    G'day

    I'm new to this one. . .. . .bought in a couple of weeks ago without doing full research. . . . .which runs counter to my usual approach. I bought based on:

    - a mention from a friend that was interesting enough to see me take a glance at a corporate presentation;
    - high quality ORE corporate presentation, which instilled confidence re market dynamic in lithium etc.
    - Acorn being a major shareholder - I have come to respect their judgment.

    I've seen some big numbers thrown around on this thread re share price targets etc. and would be really pleased if someone could set out the basis for their expectations that shares can trade at a particular level.

    Gotta Zip

    Geraldine.
 
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