All this is doing is just RENEWING the facility NOT activating it. If the stock goes crazy to the mid teens on 150 million volume for instance they can activate it. Cheaper than a traditional placement. Anyway it didnt affect US trading last night. As much as the US only trades around 600,000 shares the AUD equivalent close was 8.4 cents.
Once again Steve needs to reconsider his timing on announcements, however as mentioned this hasnt activated the facility. DISCRETION IS LAKES ALONE TO USE.
Ann: CPA Facility extension and Appendix 2A, page-39
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Last
6.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $99.55M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.0¢ | 5.9¢ | $28.37K | 473.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 927559 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 715307 | 17 |
View Market Depth
| Last trade - 10.06am 09/05/2024 (20 minute delay) ? |
| LKE (ASX) Chart |