LKE
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0.00% 3.7¢ lake resources n.l.

Is the bottom in?, page-960

  1. bombersmadd
    4,089 Posts.
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    08/02/24
    22:52
    Post #: 72313821
    That is correct Newby !

    At the current SP of 9.7c that would allow them to drop approximately ~$28m under the ATM today.

    But can you imagine what trying to dump ~300 million shares on market would do to the SP ?

    Considering that the total daily volume of shares trading is 5-10m a day....... TIMBERRRRRRR

    The ATM is dead on arrival
    LKE Price at posting: 9.7¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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