What do you make of the comparison of the DLE companies for the past 12 months? LKE clearly the worst performer.
However, when you zoom out to the 3 years you get
If you believe in mean reversion, then it has only recently settled within the range of gains of DLE companies. LKE has only outperformed SLI (which is not on the ASX.
Given that all 3 DLE hopefuls on the ASX have outperformed SLI, one could argue the case that this supports the idea that ASX is a hyped up exchange.
And yet, the company wanted to float on a US exchange. Good luck with that
Ann: Becoming a substantial holder, page-18
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Last
6.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $104.5M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.3¢ | 6.2¢ | $20.83K | 335.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 649574 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 424297 | 14 |
View Market Depth
| Last trade - 10.58am 14/05/2024 (20 minute delay) ? |
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Last
6.3¢ |
Change
0.000 ( 2.77 %) |
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| Open | High | Low | Volume | ||
| 6.2¢ | 6.3¢ | 6.2¢ | 271623 | ||
| Last updated 11.33am 14/05/2024 ? | |||||
| LKE (ASX) Chart |