LKE 3.51% 5.5¢ lake resources n.l.

LKE stays in ASX 200 after the December rebalancing, page-79

  1. 22,270 Posts.
    lightbulb Created with Sketch. 2213
    The only possible risk of staying in the ASX 200 would have been turnover, which, also exposes a glaring problem for shorters. LIQUIDITY!!!
    In the last 31 trading days, there has barely been a TOTAL turnover of 500 million shares.
    An average of less than 17 million per day, and getting WORSE, with an average of around 10 million per day in the last 12 trading days!!!
    HOW ARE THE SHORTERS going to close off around 100 million shares when most of that turnover has also been nothing but interrelated churn???? Anyone???
    Last edited by gassed: 03/12/22
 
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