AKE 0.00% $9.83 allkem limited

prospects look really good: stongly growing lithium market,...

  1. 36 Posts.
    prospects look really good: stongly growing lithium market, sound finances, etc

    since the last report came out, chance of bankruptcy went down to 1% (from 30%). Looks like risk involved has massivly decreased, and Ore s becoming an investment grade company.

    I think its only a matter of time until larger institutional companies take it into their portfolios, given the expected return.

    Valuation, even on prudential assumptions leads to a share price that is at least double the current price.

    It should however be more in the range of 7-9 $ given the facts. I found support for my valuation here:
    http://www.macroaxis.com/invest/market/ORE.AX--valuation--Orocobre-Limited

    Now I wonder, how long will it take until the market realizes? Its gone up a good deal already recently, but that looks like it is only the very beginning..
    any ideas?
 
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