LKE 1.06% 4.7¢ lake resources n.l.

Where did all the $$ go?, page-2

  1. 1,786 Posts.
    lightbulb Created with Sketch. 661



    “From a peak cash holding of nearly $180m in 2022”


    Unfortunately that’s been the way with past and present management.


    e.g. Management spent US$15m (~AUD$21.7m) supposedly on drilling with no published results for Oloroz or Paso. https://lakeresources.com.au/wp-content/uploads/2022/02/lke_target-100_14-feb-22.pdf


    Management now after another AUD$20m to maintain their lifestyles.


    Shareholder’s interests haven’t been in good hands as claimed by the usual suspects.


    https://hotcopper.com.au/data/attachments/6048/6048849-bf737fcd1670eafbc0696d4a01d43d58.jpg


    https://youtu.be/N2AVbLJ9vl4?si=mKPR9_9W0DUqLD0X&t=25


    Topic is “Where did all the $$ go?”. So this is on topic.
    Content is moderate.
    What’s your next reason to report ?

    DYOR

    Last edited by DG4444: 22/03/24
 
watchlist Created with Sketch. Add LKE (ASX) to my watchlist
(20min delay)
Last
4.7¢
Change
-0.001(1.06%)
Mkt cap ! $78.16M
Open High Low Value Volume
4.7¢ 4.7¢ 4.5¢ $107.4K 2.319M

Buyers (Bids)

No. Vol. Price($)
18 778751 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 2146586 28
View Market Depth
Last trade - 14.46pm 21/06/2024 (20 minute delay) ?
LKE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.