Ann: Proposed issue of securities - LYK, page-4

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Warren1974

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27/03/25

14:45

Post #: 78442406
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Originally posted by lazyguns: ↑

Yes nice to see a possible trend reversal. Usually when a cap raise is announced the price falls to the raise price. LYK has doubled in price instead.
wow 2.5c just hit. Buyers gobbling anything in sight. Being in top 10 gainers list will hopefully alert others to their actual existence as a company.
It was only a small raise of $400,000 to limit dilution and was clearly given to the very top holders. I think I am still in Top 20 and didn't receive an offer.
The main point is that them being a "going concern" is less of a problem in the short term now. It has clearly cause a shift in sentiment following the selldown on resignations news.We just need you to start actually drilling something guys.
Interesting reaction but I am very pleased and glad I grabbed some more at those lower levels. Shake off those cobwebs LYK.
Technically it has run too far already today and is way outside the bollingers. Decent volume for LYK though. Let it settle at the 2.3/2.5 level it was at before the CEO stepping down.
Lets see where it closes today/tomorrow.

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I would say an announcement will soon follow, to reward people who took placement, this happens a lot.

LYK Price at posting: 1.9¢ Sentiment: Buy Disclosure: Not Held
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Ann: Proposed issue of securities - LYK, page-4

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