LKE 1.85% 5.5¢ lake resources n.l.

2021 and beyond, page-249

  1. 22,077 Posts.
    lightbulb Created with Sketch. 2192
    Let's get real about the "impossible".
    VUL have 86 million shares on issue, with a Market Cap of around $550 million.
    LKE has 835 million shares on issue. LKE's SP would need to be around 65 cents, (6X) to have the same Market Cap as VUL.
    That 21X would be attainable for those with the wisdom, patience and foresight who have bought them when they were available for all at 3 cents!!!!! Too late she cried as she waved her wooden leg.
    That "impossible" is still a very long way, but, is certainly MUCH more realistic than what you are printing.
    Will those still sitting on the fence continue to wait for a pip or two lower before they see the light, or, worse, be selling at these still very low prices for that pip or two "profit"???

    LLKKFLake Resources N.L.Ordinary Shares0.0939250 (A$ $0.12.25) DAILY RANGE0.0905 - 0.125 VOLUME3,944,533MARKET CAP 75,260,318
 
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