not sure yet. if history is any judge, probably not great.
I would hope that Lakes announces a big increase in the resource size of wombat - an announcement is expected relatively soon i believe.
if they can commercialise the new purchase and generate a decent cash flow from it would be another positive.
they have had a small windfall from RPM takeover.
however, developement of wombat has been put on the medium to long term view which doesn't seem too positive.
Have to see what the details of the merger are to get any real idea...
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Last
$1.06 |
Change
-0.170(13.8%) |
Mkt cap ! $70.77M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.25 | $1.04 | $213.9K | 182.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3552 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 540 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
| LKO (ASX) Chart |