Ann: Response to ASX Price Query, page-12

The market fall in March 2020 has led to a lot of new investors expecting overnight returns - the 'buy the rumour, sell the news' theme is rampant in speculative communities on Facebook and Reddit. NVX has been heavily pumped on /r/asxbets (Reddit) over the past two months and I expect LKE is now being referenced in those communities too.

If neither company is expressly mentioned on Battery Day (which, given it is Tesla's AGM, seems reasonable), I expect the SP for both NVX and LKE will temporarily retreat. That being said, pending further announcements, I expect our new base will be significantly higher than the 3 - 3.5 cents we have been sitting on over the past 6 months - as Dugsab mentioned, the AFR is one of Australia's premier mainstream financial publications.