LKE 0.00% 3.7¢ lake resources n.l.

News: LKE Lake Resources cuts staff, eyes asset sales amid low lithium prices, page-80

  1. 21,314 Posts.
    lightbulb Created with Sketch. 2079
    S&P and the ASX "pumped" that SP with the promotion to the ASX300. ASX ann 4 March re ASX300 promotion, SP $1.00, prior to that, trading was quite sedate around .090 and $1.00. NO material anns from LKE prior to that ASX ann.
    When promotion took effect on 22 March, SP had jumped to $1.60 and it just continued to soar to that $2.64 by the end of March. $1.00 to $2.64 in less than a month and NOTHING else material from Lake!!!
    And as for liquidity, the average daily volume between July 2021 and 14 March 2022 was LESS THAN 20 million. Where's the PUMP!! SO, how did Lake qualify for promotion to the ASX300 using S&P's and ASX criteria????
    Lake management had absolutely nothing to do with that spike, it was ALL about the ASX300!!!
    So, let's just get it straight. EIGHTEEN posts in this thread alone by ONE poster says so much. Think about it. !!!!
    Promnitz and Lindsay could not be blamed for "pumping and dumping" when those prices were obtained by them. Nor coud they be blamed for selling at those God given prices. It was a once in a lifetime opportunity hand delivered on a silver platter by the very same ASX that some here are complaing TO??? THEY are the ones that should be investigated.

 
watchlist Created with Sketch. Add LKE (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
0.000(0.00%)
Mkt cap ! $61.73M
Open High Low Value Volume
3.7¢ 3.8¢ 3.6¢ $86.01K 2.317M

Buyers (Bids)

No. Vol. Price($)
7 441165 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 227206 7
View Market Depth
Last trade - 10.12am 17/07/2024 (20 minute delay) ?
LKE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.