AKE
Hi James and Team Allkem and Livent to merge - About 15% move today on the news. How would you be playing Allkem? Would you be holding long for shares in the new merged company or sell into this strength? If sell at what price? regards
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Answer
Hi – we are bullish Lithium and own Pilbara (PLS) and Global Lithium (GL1). The deal between Allkem (AKE) & US listed Livent (LTHM US) we think is a solid one, and creates scale, which is important. We covered the elements of the deal during the week (here).
