Who knows how to outsmart the LKE robot?, page-39

This is the reason for down trend.....unfortunate desperate cash raising...the deck need to be cleared...almost there thanks to the bot.
perhaps delay next announcement as cash now is not a worry. below is the unfortunate

"PARTIAL RETIREMENT OF DECEMBER 2018 CONVERTIBLE NOTES Lake Resources NL (ASX:LKE) advises that the Company has reached an agreement with the individual holders of the 9,900,000 convertible notes that were issued by the Company on 21 December 2018 (“Notes”) such that that the Company will repurchase and retire the Notes. The material terms of the repurchase and retirement are: (1) The Notes will be repurchased by paying the face value of the notes together with the interest accrued as at the date of repurchase; (2) The noteholders can elect to receive payment in cash or up to 25% of the total repayment consideration in ordinary shares in LKE at the issue price of 95% of the 10 day VWAP prior to the date of repurchase, or if there is a placement of ordinary equity in an equity capital raising by LKE (within 10 days prior to the repurchase date) at the same price as the equity capital raising; and (3) The repurchase will be completed at a time agreed between the noteholder and LKE and in any event no later than 25 June 2019. The Company has agreed to the completion of this retirement and repurchase with one noteholder in relation to 1,650,000 Notes on these terms with the repurchase to be 75% in cash and 25% in LKE shares. The attached Appendix 3B contains the details of both the Note retirement and the issuance of resulting shares.

I reckon these are responsible for downdraft being picked off by solid holders