Success stories - What's your average price?, page-10

Where do I start...

I was lucky to be introduced into Lithium by one of my son's friend and invested in KDR (Kidman Resources) and made some reasonable return. Whilst searching for other lithium companies, I came across LKE and my first parcel was in November 2017, bought 25,000 shares at 20.5c. Subsequently lithium company share prices dropped (due to MS report and lithium price drop). Since then, I kept on buying LKE shares at different prices when ever my financial position allowed. I was at a loss for almost three years in LKE. My lowest purchase price was 2.3c and highest purchase price was 60c a couple of weeks ago. 95% of my share portfolio is LKE and so many advised me not to put all eggs into one basket but my gut feel coupled with research pushed me to proceed with my strategy.

I sold part of my LKE and other shares earlier this year to pay a deposit and buy a new home. I never dreamt that we could afford to buy our residential property in that suburb but LKE progress and future potential gave me that confidence. I will always be Thankful to LKE and its management for a life changing investment opportunity. I am also pleased that both my sons and a lot of my friends got into LKE and have benefited out of it and all of them still hold it.

My average LKE price is 9.4c and I still have a little more than 4m shares. I am looking forward to settling my new home loan 100% (probably in another year or so when SP reaches my expectation) and leave the rest of LKE shares to earn us dividends post 2024.

For me LKE is a life changing investment and would allow us to do things we love in the future. Thank you LKE