LKE lake resources n.l.
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Ann: Proposed issue of securities - LKE, page-2

  1. dugsab
    17,680 Posts.
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    11/04/25
    13:48
    Post #: 78655310
    What on earth is going on with LKE...issue price 40 cents per share ??


    https://hotcopper.com.au/data/attachments/6936/6936638-1a348daaee0e1df4c5df78b7a763627e.jpg

    Firstly, we get...

    "...to raise $2,250,000 (inclusive of costs) by agreeing to issue 56,000,000 Lake fully paid ordinary shares to Acuity Capital at an issue price of 4.0c per share."

    When 56 mil shares x 0.04 per share = $2,240,000

    Now we get an issue price of "AUD 0.40000"...40 cents per share.

    SIGH !!

    IMO DYOR
    LKE Price at posting: 3.3¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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-0.001(2.22%) 		Mkt cap ! $79.33M
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