Funds probably best spent elsewhere at the moment.
Olaroz could have been used as an opportunity for a placement on good news as they did with Cauchari. However it would appear LKE management have other plans to raise funds.
I understand many traders were looking forward to the opportunity that would have presented itself with Olaroz but recent moves by the company indicate they are focused on the long term.
Ann: Advisor Appointed for Debt Funding, page-22
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.40M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $39.10K | 1.034M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 277560 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 695920 | 4 |
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| Last trade - 15.30pm 23/08/2024 (20 minute delay) ? |
| LKE (ASX) Chart |