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2.86%

3.6¢ lake resources n.l.

LKE towards TOP-5, page-16619

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dugsab

16,727 Posts.

2607

03/12/22

17:11

Post #: 65134859
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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

But the market ain’t buying it anymore.

The market feels that Lake have found a theme, magnified it, innovated someone else’s invention, surrounded it in a constellation of grandiose promises and undeliverable dates….and delivered an almost empty cup whilst loudly declaring the next one will be full.

Just my opinion.

DYOR

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

1 Great analysis

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(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