I think the increased liquidity is good. Price might stagnate or even drop in the short term but I think having more shares being traded will let it push higher in the medium to long term.
LKE has been so tightly held. Until recently, there were a lot of days where the total volume traded was less than what I hold and I don't hold all that much compared to some people on here.
Personally, I'm confident LKE have actually got what they've always claimed they're sitting on. Of course it's not certain but it's a lot more than just nearology now.
LKE..................Chart thread only, page-56
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Last
5.2¢ |
Change
0.004(8.33%) |
Mkt cap ! $86.76M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 5.3¢ | 4.7¢ | $973.5K | 19.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 144349 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 2821306 | 12 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| LKE (ASX) Chart |