LKE lake resources n.l.

Ann: Proposed issue of securities - LKE, page-2

  1. 17,680 Posts.
    lightbulb Created with Sketch. 2726
    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
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $54.09M
Open High Low Value Volume
3.0¢ 3.1¢ 3.0¢ $96.76K 3.224M

Buyers (Bids)

No. Vol. Price($)
42 3630538 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 4385620 28
View Market Depth
Last trade - 10.17am 16/06/2025 (20 minute delay) ?
LKE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.