Why do you think it will hit 5c Jillybagger? Does it matter anyway? What size parcel did you sell and did you profit? I doubt your sell sentiment won’t contribute to any downwards movement. Do you have any chart evidence? The convertible note issue could act to support the share price given the 6 months non-conversion period and 10c minimum conversion without LKE allowing a lesser conversion price. The current share price is hardly suggestive of fair value given very low volume. Trading can be difficult which is why buy and hold is sometimes best for the right stocks.
Ann: Financing commitments for Lake Resources, page-5
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Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $86.85M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.3¢ | 5.0¢ | $205.1K | 4.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2017442 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 17000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LKE (ASX) Chart |