When a stock falls more than 4% in a single day, it is generally considered a significant price decline and may indicate that investors are initiating a bear market in the stock. The pattern seems to repeat itself too often at Lake. Kudos to management for resisting the downward spiral with a 3-day announcement rally. I think support is at 50 cents if the company can not deliver anything substantial in the next 3 months. Dyor
Not financial advice.
Ann: Lake Resources Provides Operational Update, page-182
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Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $64.86M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.2¢ | 3.8¢ | $287.9K | 7.272M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 632287 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 534598 | 6 |
View Market Depth
| Last trade - 15.57pm 08/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |