Very brutal day for LKE as volume was unusually high for the stock, ending with a 15% share drop, based on my models and the data I keep in my daily excel spreadsheet the selloff should continue tomorrow. It will probably trade below $1.00 Friday at market close. Today's LKE ANN was the dumbest move I've seen in a long time on the ASX, what LKE did and how they formulated it towards the investment community is a direct hit against the LILAC brand, LILAC is in talk and in negotiation with other lithium companies (I know because I do my DD). This feels like an impulsive move from leading LKE management without carefully thinking about the upcoming consequences. DYOR
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Last
3.8¢ |
Change
0.002(5.56%) |
Mkt cap ! $64.23M |
Open | High | Low | Value | Volume |
3.7¢ | 3.9¢ | 3.7¢ | $128.1K | 3.388M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 703398 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 25065 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 703398 | 0.037 |
9 | 887015 | 0.036 |
8 | 1269228 | 0.035 |
15 | 1387624 | 0.034 |
25 | 1885943 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 25052 | 4 |
0.039 | 1546229 | 19 |
0.040 | 999386 | 14 |
0.041 | 1306012 | 10 |
0.042 | 2052374 | 2 |
Last trade - 11.34am 22/08/2024 (20 minute delay) ? |
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LKE (ASX) Chart |