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LCK Price, page-851

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tricky4

656 Posts.

135

28/03/19

18:16

Post #: 37918582
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Originally posted by MarketingMan: ↑

Until we see the buy queue get serious (> 10 million) the price will just get kicked around by traders.
Eventually the fundamental value will shine through, until then we will have perplexing days like today.

I think this week will be bit of a write-off until serious money has a chance to decide what to do.

Remember, there are a couple of realities to sort through...
Gas shortage is real (good thing)
WOW! greater than 1,000 Pjoules - that's a new Cooper Basin - huge !!!!
Wait a minute, this is ISG - didn't that get killed off in QLD ?
Who is LCK? Do they know what they are doing?

3 and 4 might require the big investors to make a few phone calls before they commit.
These things will get sorted.
An announcement of a serious and credible player being involved will kick things along a bit.

IMO
DYOR

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I never, ever, trust the buy queue
LCK Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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