We are here for either intellectual stimulation/challenge and/or making money. When I bought LKE at $0.03, it was based on the market being a headless chook and overshooting. Selling at 40 times that was taking advantage of said chook (but I kept 25% even til now, so I'm a bit irrational ).
If the 2,000 tpa throughput achieved early in the new year, that's $80M pa of high grade lithium from a company with mkt cap of only 3 times that, and it just has to push a couple of regulatory and financial buttons (that's just office paperwork, nothing much can go wrong there) and it more than five folds. Current share price can only be rationally justified if the likelihood of plant not really working is well over 50% and those office transactions are highly risky.
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Last
3.7¢ |
Change
0.001(2.78%) |
Mkt cap ! $53.86M |
Open | High | Low | Value | Volume |
3.6¢ | 3.7¢ | 3.6¢ | $83.96K | 2.279M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13371 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 1738141 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13371 | 0.037 |
14 | 1237028 | 0.036 |
25 | 2953989 | 0.035 |
12 | 1886596 | 0.034 |
10 | 1572268 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 1738141 | 6 |
0.039 | 1512481 | 8 |
0.040 | 445175 | 2 |
0.041 | 510322 | 5 |
0.042 | 306466 | 5 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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