I feel you're far too rational here, all that needs to happen for the SP to drop significantly in one day is a surge of sellers overwhelming the buy support. I believe this will happen once the exercised options are converted and then sold by those who are just trading the trade as quite a majority of the registry is retail. A few stops get hit on the way too, such is the nature of the market.
Short term I believe the SP will drop and it'll give holders an opportunity to buy. Nothing goes up in a straight line.
2021 and beyond, page-5002
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Last
4.2¢ |
Change
-0.002(4.55%) |
Mkt cap ! $70.07M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.4¢ | 4.1¢ | $152.7K | 3.638M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 839552 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 73936 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| LKE (ASX) Chart |