LKE 11.1% 4.0¢ lake resources n.l.

2021 and beyond, page-855

  1. 4,190 Posts.
    lightbulb Created with Sketch. 2950
    I agree with you this time. My problem with your earlier message was that you wrote that all 120 million CR shares are dumped, and first, there is no evidence for this, second, why would all instos sell now? Sure there might be some of them who wants to cash in some profit, but they have had so many options:
    1. Sell half of the holdings at 100% gain, and so the rest will become free, i.e. they can ride LKE with shares that have an average cost of zero
    2. If someone sold all at 100%, he/she could buy in again, and have the same amount of shares that before, at around zero cost.

    So yes, I agree completely with your latest message, some instos are probably selling, some retail customers are probably also selling. And many LT holders are holding or buying. Also as others have written, the whole sector pulled back a bit.
 
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Last
4.0¢
Change
0.004(11.1%)
Mkt cap ! $66.74M
Open High Low Value Volume
3.6¢ 4.0¢ 3.6¢ $202.7K 5.221M

Buyers (Bids)

No. Vol. Price($)
1 550000 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 1358454 16
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