AKE - Allkem Limited

• 26 October 2023

• #121

Boggo

Joined

28 March 2006

Posts

3,566

Reactions

1,309

Will it repeat the last two run ups ??

(weekly - click to expand)

 

• 26 October 2023

• #122

Country Lad

Off into the sunset

Joined

11 July 2005

Posts

1,591

Reactions

1,562

Boggo said:

Will it repeat the last two run ups ??

(weekly - click to expand)

Click to expand...

Maybe not if it falls much below $10.

 

• 26 October 2023

• #123

Boggo

Joined

28 March 2006

Posts

3,566

Reactions

1,309

Country Lad said:

Maybe not if it falls much below $10.

Click to expand...

Agree with that.

 

• 8 December 2023

• #124

Sean K

Moderator

Joined

21 April 2006

Posts

22,287

Reactions

11,544

AKE's been in the dog house for a while. $16 to $9... Obviously lithium going from 600K to sub 100K is not favourable to good price action. Not sure how the new company, Arcadium, is going to go. Might all be reliant on a consolidation of the lithium price and a turn around.

Not sure about the name either. Arcadium? Maybe they like Red Hot Chile Peppers.

 

Last edited: 8 December 2023

• 8 December 2023

• #125

DrBourse

If you don't Ask, you don't Get.

Joined

14 January 2010

Posts

888

Reactions

2,091

B careful with AKE, as everybody knows the Livent Deal should conclude later this month, that event will prob cause another ST pullback....
AKE's current Support Lines are at abt $8.50, then $5.85, then $3.22....

that's my opinion - but, as usual DYOR...

 

• 8 January 2024

• #126

System

Joined

27 June 2010

Posts

4,202

Reactions

328

On January 5th, 2024, Allkem Limited (AKE) was removed from the ASX's Official List in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement between AKE and its shareholders in connection with the acquisition of all the issued capital in AKE by Arcadium Lithium plc.