I'm still having (easing) difficulty with LKE having a Market Cap of over $900 million!!!
But, yesterday saw some big buys, one for $150,000! So, who am I to question THEIR judgment?
It's a very individual situation at the moment with various personal agendas, short term, medium term and long term, profiting from the Options etc. But, seems that "the market" is shortening the long term time???
Things like mergers, takeovers, offtake agreements, all of those can happen on ANY day, so, I reckon THAT is THE factor determining trading at the moment. Look down in this newsletter what happened to Neo Lithium!!!! "
"OnOctober 9came news that China’s Zijin Mining was acquiring Canada-based Neo Lithium Corp. for C$6.50 per share in cash, with a total cash consideration of C$960 million. Just a year prior, the TSXV-listed company was trading at C$0.60 per share. Imagine seeing that announcement with a yellow bell in the morning???
Coincidence, I know, but, what was LKE's SP a year ago??? AUD.59!!!
Wouldn't Steve love that phone call!! YES, but more please!!!
I'm still having (easing) difficulty with LKE having a Market...
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.72M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.4¢ | $58.86K | 1.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1317660 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 259343 | 3 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LKE (ASX) Chart |