LRK 2.68% $1.15 lark distilling co. ltd

Ann: June 2021 Quarterly Update and Appendix 4C, page-18

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 603 Posts.
    lightbulb Created with Sketch. 269
    Agree, still thin trading, as we know a few funds are in play now, so those parcels will be tightly held. Mgmt has a bit of stock tied up so it will stay thin. And many other holders with no reason to sell (ie more upsaide than downside, asset backed etc) it will be tought to get set or top up. Wouldnt suprise me if the fundies are actually pressuring for a cap raise to get set that way, and at a discount, but i think mgmt is all over that from last commentary noting no cap raise requiered (i think that was AFR article, not ASX announcement)... There wont be anyone really willing or I expect silly enough to but real volume (50k plus shares) on the offer at this price. To get some I think you need to play your hand on the bid and see if you can tempt someone to take profits. Otherwise, its the slow 1,000 shares to accumulate. Either way, Im happy to top up that slowly at these levels eagerly awaiting what i expect to be growint revenues, positive cash flow and a growing asset backing... Cheers, go Lark!
 
watchlist Created with Sketch. Add LRK (ASX) to my watchlist
(20min delay)
Last
$1.15
Change
0.030(2.68%)
Mkt cap ! $121.1M
Open High Low Value Volume
$1.12 $1.15 95.5¢ $168.2K 155.8K

Buyers (Bids)

No. Vol. Price($)
1 1250 $1.04
 

Sellers (Offers)

Price($) Vol. No.
$1.15 22894 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
LRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.