these pennies get away with anything.. go check out former listed stock CGB.. suspended for a year.. didn’t provide any financial was suppose to make an acquisition that never came.. never achieved anything. Had hired an investor relations on HC to spruik the company.. the owners had a history of poor form. While LKE is down is nowhere near the worst.. also go check out LPD.. worst performing lithium stock.. just trying to do a cap raise at 0.003 buy 3 get one free type BS.. these companies just keep cap raising and diluting and never delivering while management teams just get high wages paid without ever delivering on anything.. only a very low percent of asx listed company make a profit.. most are gone within a few years and mainly mining stocks. At least with crypto it’s a global phenom.. you have a chance of crazy gains despite really no fundamentals.. here on the asx there’s many pennies with no fundamentals with no chance of gaining traction because they are only listed here.. its rough.
LKE Price at posting:
6.6¢ Sentiment: None Disclosure: Not Held
