LKE 2.56% 3.8¢ lake resources n.l.

Ann: Voluntary Suspension, page-60

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  1. 743 Posts.
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    What I am more or less trying to say, is if the lithium market does take a good 50% hit. It is not protected from that when it opens up, it will wear every percentage other lithium stocks lost. Potentially more, as it also has to deal with negative market sentiment of the lack oversight by management. I would rather be trading, have access to my capital, sell and re enter for less - with more liquidity. Rather than been strung up with a suspension from trading to deal with legal battle in the law of court. Negative or positive sentiment, the market will deal with this accordingly.

    - as for people thinking it is protecting them from the market volatility is ludicrous and just sad, whilst the market is volatile, it is a good time for institutions to soak up liquidity of retail. That won't be happening in this case.

    DYOR, IMO.
    Last edited by CropofCream: 25/02/22
 
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