LKE 8.11% 4.0¢ lake resources n.l.

G'day Jojo84.  I'm just trying to explain the drop in the SP...

  1. 21,697 Posts.
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    G'day Jojo84.  I'm just trying to explain the drop in the SP from .14 to, now, .061-2 compared to some new "conspiracy" theories.    And, IF my assessment is correct, I suspect that there are very many like yourself that couldn't care about punters and see this as a great opportunity to continue to accumulate at these prices.  But, it's the punters who don't have a long term view and when we start talking 74,64 and 50 days without direct news to the market, very few "punters" stick around and with the low liquidity, all of those relatively "smaller" sell orders compound into enough to crunch the SP when there are no updates to negate them.
    Dec QR due by end of this wek and us LT holders hope that it is used for some additional updates on those 74, 64 and 50 day "teasers".
 
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