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-16619

First 16619 Last

Share
Profile

Follow
dugsab

16,727 Posts.

2607

03/12/22

17:11

Post #: 65134859
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

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

Reply

Top Stories

BGL

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

TRP

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

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MM1

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

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

There are more pages in this discussion • 7,523 more messages in this thread...

First 16619 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