We start to hear positive news on macro factors. This should favour overall sharemarkets and LKE.
Specifically to LKE, market would soon realise unprecedented and unwarranted SP decline last week and should see a gradual climb to $1.30 to $1.50 soon, ie, bring LKE SP back to June 13th to 18th June price range.
Then depending on the announcement/s we may see SP exceeding $2 within months, if not weeks. If new CEO is a qualified with relevant experience and proven track record as Stu alluded to, I reckon market would react very positively. Top it up with additional reputed new LKE BOD members and new Executives to our team along with commissioning of Demo plant by 15th July, we should see a much better July month for Lakers.
We start to hear positive news on macro factors. This should...
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Last
4.0¢ |
Change
0.001(2.56%) |
Mkt cap ! $66.74M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.3¢ | 4.0¢ | $430.7K | 10.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1033639 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 60654 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LKE (ASX) Chart |