LKE 0.00% 3.8¢ lake resources n.l.

Ann: LKE Bonus Issue to Shareholders, page-29

  1. 2,524 Posts.
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    Capital is the lifeblood of a small cap-this is an unusual way because it is generous to current shareholders rather than a private placement where the profits go to brokers and friends who often sell their discounted share quickly and have little interest in the longer term progress of the company.

    So many small caps are capital constrained which is the main reason while things go so slowly.

    Steve said that we would be in for a surprise and he has delivered in spades.Puts pay to the many unfounded criticisms.
    Cry must be blubbing its eyes out- missed the bus again.Dugsab will probably say he bought just before the announcement. Clowns.

    THANKS STEVE!
 
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