So, all of this shorting is based on the spot price of LCE??? When we are talking 2027 production and logical expectation are that the prices that will be paid will have nothing to do with spot prices?
This is not a market for trading LKE shares in an orderly and equitable manner. It is totally dominated by two factions with completely opposite, but, interrelated agendas.
It is totally out of control and here we see a former ASX300, ASX200 company having their SP crunched from $2.64 to 15 cents in 20 months of continuous, intense shorting with absolutely nothing being done by the ASX or ASIC.
It's all happened, so blatantly and patently obvious, with no investigation. To a former ASX300 and ASX200 company.
If this was happening on the UP, there would be a Trading Pause, at least, yet we see a 95% wipe out of a company's Share Price and not even a word from the company itself, and it's been happening in front of everybody's eyes. Remarkable.
Is the bottom in?, page-285
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Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $86.85M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.3¢ | 5.0¢ | $205.1K | 4.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2017442 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 17000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LKE (ASX) Chart |