LKE 3.23% 6.0¢ lake resources n.l.

I don't think Lake's market cap is justified, considering they...

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    I don't think Lake's market cap is justified, considering they only managed to raise 1.5 million AUD out of the proposed 16 million AUD. This speaks volumes about the company and its current management. All trust has evaporated. It's only natural that Lake will soon end up with a 9 million AUD market cap, as they will need to raise in excess of 2 billion AUD to pursue production someday. Sadly, even this amount offers no guarantee of success or profitability. Consequently, the company will likely default, and its assets will be sold off to a Chinese-listed company on the HK stock exchange. Nothing substantial will materialize, and the pipe dream is nearing its end. As for the Mozzarellas in here, let it be a lesson.
 
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6.0¢
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Mkt cap ! $99.55M
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6.1¢ 6.2¢ 5.9¢ $175.6K 2.904M

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6.1¢ 343322 5
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Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
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