Australia's largest stock trading and investment forum Australia's #1 stock forum

LKE

Click for more information

2.86%

3.6¢ lake resources n.l.

LKE towards TOP-5, page-16618

First 16618 Last

Share
Profile

Follow
Rocket230

1,114 Posts.

261

03/12/22

16:57

Post #: 65134755
Share

Originally posted by Fantasyboy: ↑

Hi RRX,

LKE SP went up from 2.3c to $2.65 in less than 2 and a half years, or if you would like to consider the current price, it's $1.03 now.

This has happened despite the worst pandemic of the past 100 years, the war in Ukraine, the high inflation, FED rasing interests rates at a fast pace, etc.

This has happened despite LKE delivering many milestones later than expected, and the DFS expected in early 2023.

So this is a SP increase of 11,421% (a 115x) till the ATH, and an increase of 4,370% (a 44x) till current SP, respectively.

So regarding your remark wrt the patience of LKE shareholders, what would be a SP increase pace that would be acceptable for you?

I don't consider myself patient, but I still find it reasonably a good pace at which LKE SP has increased over the past 3 years.

Of course it's a high beta stock, so you shouldn't be surprised if the SP is volatile.

Expand

This just completely avoids how it actually got there in the first place, Steve got it there through hype and promotion. Everyone was talking about Lake Resources and there massive aspirations, funny that now there is no talk of the “Target 100”

LKE Price at posting: $1.03 Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

There are more pages in this discussion • 7,524 more messages in this thread...

First 16618 Last

Add LKE (ASX) to my watchlist

(20min delay)
Last 3.6¢		Change 0.001(2.86%)		Mkt cap ! $60.06M

Open	High	Low	Value	Volume
3.5¢	3.7¢	3.5¢	$188.2K	5.255M

Buyers (Bids)

No.	Vol.	Price($)
1	13888	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	854308	7

View Market Depth

No.	Vol.	Price($)
1	13888	0.036
39	3329625	0.035
16	1426953	0.034
12	1290047	0.033
11	1002521	0.032

Price($)	Vol.	No.
0.037	854308	7
0.038	733416	12
0.039	2063158	12
0.040	1053029	19
0.041	1749539	8

Last trade - 16.10pm 25/07/2024 (20 minute delay)

LKE (ASX) Chart