I personally like the strategy of LKE management where service is rewarded through Options at a strike price higher than current share price. This indicates to me two aspects;
1. LKE is confident SP will exceed the stricke price and they will receive additional money ($3m) into their coffers
2. Most importantly, service provider (in this case Lodge partners) is even more confident that SP will be siginificsntly higher than current SP for them to make reasonable return for the services rendered and on $3m investment when they convert options into shares.
Every $1m goes towards funding the balance 30% Kachi construction finanace required by Q2/Q3 2022. Awesome strategy by management.
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $55.06M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.3¢ | $57.10K | 1.721M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 2226630 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 1067124 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 1677267 | 0.033 |
15 | 1560483 | 0.032 |
14 | 1709973 | 0.031 |
36 | 2599821 | 0.030 |
11 | 974689 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 856708 | 5 |
0.035 | 606639 | 6 |
0.036 | 1041597 | 7 |
0.037 | 846690 | 6 |
0.038 | 2060704 | 9 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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