LKE 5.26% 4.0¢ lake resources n.l.

Ann: Lake responds to online report, page-376

  1. 4,089 Posts.
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    J Cap are pretty small fish in the shorting game tbh. Vocal absolutely, but their pockets are not as deep as the big end of town.

    A look at what announcements or lack thereof around the time as the Short Volume began increasing in Feb paints a clearer picture if you take your rose colored glasses off:

    - Steve + Stu selling on Market
    - MoU's with A Trading House + Ford at "Market Rates" & not a Magical "Premium Price"
    - Indication that Drilling + Hydro work delayed i.e DFS pushed back 6 months
    - Pilot Plant to site delays
    - Lilac Key Partners walking away and pursuing other DLE tech

    Yet the SP ballooned to nearly $3B (Mostly from Retail) and made the ASX200. It was one of the easiest shorts in memory

 
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