Thanks for your post and your words on LKE. Lake Resources reached a market capitalisation of around $2.4 billion.
They have not completed pilot plant and have a questionable process to extract Lithium. If successful no production until 2027.
Heard mentality is the only way to explain the market capitalisation in the billions.
I have farmed cattle professionally and when they go in one direction they all do go in that direction. If one doesn't, then that is where the term comes from, STRANGE CATTLE.
Lke market capitalisation has fallen down to $830 million. In comparison to Lepidico, that seems ridiculous high or Lepidico is ridiculously low.
Lepidico market capitalisation is $110 million.
Some thing has to give.
The question is when the heard arrives at lepidico and it will soon, what will the market capitalisation run to?
Happy trading and investing.
General Discussion, page-26
-
- There are more pages in this discussion • 1,130 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LPD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $73 | 36.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 20533755 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 56344744 | 59 |
View Market Depth
| Last trade - 10.04am 30/08/2024 (20 minute delay) ? |
| LPD (ASX) Chart |