Originally posted by asxinvestor2024:
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Based on today's quarterly, LKE management has delivered cost reduction strategies as promised. Looks like market likes the manner in which new management is taking LKE forward.
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“LKE management has delivered cost reduction strategies as promised. Looks like market likes the manner in which new management is taking LKE forward.”
Cost reductions were announced on the 31/1/24.
https://lakeresources.com.au/wp-content/uploads/2024/01/lke_quarterly_activities_appendix_5b_cash_flow_report_31-jan-24.pdf
Since then LKEs price has plummeted a further 42%.
Yeh the Market really likes the manner of LKEs new management. NOT!
DYOR
