LKE 2.56% 4.0¢ lake resources n.l.

The late afternoon announcement was unusual and nearly caught me...

  1. 318 Posts.
    lightbulb Created with Sketch. 63

    The late afternoon announcement was unusual and nearly caught me out.


    Typically LKE market sensitive announcements have been before noon.


    The only announcements after noon have been "administrative" (notice and minutes of meetings etc) share issues, options etc.


    The  announcement will give overseas buyers (London) the opportunity to place orders before the market opens in the morning. I can think of no other reason for the late announcement.

 
watchlist Created with Sketch. Add LKE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.