Sjlasx. "I believe that today's announcement was a strong signal to the market that LKE management have a plan in place to minimize dilution for retail holders along with high confidence in the outcome of the soon to be released PFS."Spot on on both points!!!!
Like my previous post, management has MOST to lose by further dilution!!!! e.g. Steve went from 4.58% in September 2018 to 2.94% in September 2019 as a result of all of those placements.
THAT, too, is one of the major reasons why they also want the SP to go (much) higher as the higher the SP when placements are required the lower the number of shares issued.
- Forums
- ASX - By Stock
- LKE
- Ann: Advisor Appointed for Debt Funding
Ann: Advisor Appointed for Debt Funding, page-19
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKE (ASX) to my watchlist
|
|||||
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.40M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.7¢ | $47.24K | 1.248M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 160636 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 1073748 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 140636 | 0.037 |
9 | 1040413 | 0.036 |
9 | 1198700 | 0.035 |
13 | 840352 | 0.034 |
24 | 1755540 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 1073748 | 5 |
0.039 | 880598 | 10 |
0.040 | 760240 | 14 |
0.041 | 721389 | 9 |
0.042 | 2052374 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online