The securities are being issued for Marketing and related services. I would speculate that it may be a well placed industry consultant who is going to open some off take doors for us.
These guys often want upside more than a fee. The hurdle for the Option price isn’t much higher then the current price though which is a little concerning.
time will tell.
Ann: Proposed issue of Securities - LKE, page-5
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Last
3.9¢ |
Change
0.001(1.32%) |
Mkt cap ! $64.23M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $65.51K | 1.691M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 3103722 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 1023208 | 14 |
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| Last trade - 14.03pm 11/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |