AKE 0.00% $9.83 allkem limited

woww.. surely they cannot do that, can they ?, page-8

  1. 1,912 Posts.
    Any ST manipulation / pressure on the SP would only concern me if there was going to be some deal struck on the lowered SP (capital raising, JV, takeover). Fortunately the recent JV news puts that concern to firmly to rest (no need to raise funds, JV deal to be based on NPV from upcoming BFS). Therefore it's only anyone trying to get a quick trading profit (within a very short time frame) that might be caught up. As I'm in for the longer term it's not a huge issue. Price in low $2's with recent Patto's target of $3 suggests a good buying opportunity IMO. Over and above this, I'm still very bullish on lithium and I believe this company is going to be a key player and even more so now with this Toyota deal which ticks all the boxes.
 
watchlist Created with Sketch. Add AKE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.