When a stock falls more than 4% in a single day, it is generally considered a significant price decline and may indicate that investors are initiating a bear market in the stock. The pattern seems to repeat itself too often at Lake. Kudos to management for resisting the downward spiral with a 3-day announcement rally. I think support is at 50 cents if the company can not deliver anything substantial in the next 3 months. Dyor
Not financial advice.
Ann: Lake Resources Provides Operational Update, page-182
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Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.16M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $244.5K | 5.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 265083 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 1869097 | 24 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |