LKE lake resources n.l.

Ann: Placement upsized by $1.9M to $3.4M, page-9

  1. 23,590 Posts.
    lightbulb Created with Sketch. 2435
    vin123. Very happy to let SIs get that extra immediately while SP above .04.
    Keeps SIs happy "IF" we need them again (see how they had abandoned ship before that Lilac story!!).
    LKE gets an extra $1.9 million up front (that I'm absolutely certain they didn't expect) and SIs WILL dump them straight away.
    It's working out well, probably have all the SI's placement and the SBI CN close out issue scattered in many new hands and not look like a huge overhang BEFORE LKE's own real news hits the market.
    Could say pity they didn't extend the SPP, but, must now be thinking unnecessary extra dilution with their prospects of getting non dilutionary funding having sharply increased.
    Looking at today's trading, seems very likely that many eligible shareholders who were not going to participate, for whatever reason, are selling their existing shares to cash up for the SPP. Will only have 3 days at the most to do that and that's really stretching it.
    Last edited by gassed: 24/02/20
 
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(20min delay)
Last
3.1¢
Change
-0.001(3.13%)
Mkt cap ! $56.79M
Open High Low Value Volume
3.2¢ 3.2¢ 3.1¢ $12.40K 389.9K

Buyers (Bids)

No. Vol. Price($)
14 816588 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 1055645 7
View Market Depth
Last trade - 15.34pm 10/07/2025 (20 minute delay) ?
LKE (ASX) Chart
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