Australia's largest stock trading and investment forum Australia's #1 stock forum

LKE

Click for more information

2.78%

3.7¢ lake resources n.l.

Ann: SPP Offer Closing Date Extended, page-60

First 60 Last

Share
Profile

Follow
dugsab

16,804 Posts.

2615

09/03/20

20:44

Post #: 43392429
Share

Originally posted by sowens: ↑

dugsab Im having trouble understanding what you mean you say place 3 mill in buy order @ 0.034c and they will take you out but there are only sell orders to the tune of 1.5 mill below 4 cents. If 2 people cancelled their $30K SPP order and bought everything on offer below 4 cents then they would be able to buy everything on offer and have substantial change. The company raised the SPP limit from $1mill to $2mill, at $1 mill at $30K that means that over 30 share holders applied for the maximum and we know that the company has increased the limit to $2 mill, if one or two withdraw to pick up cheaper shares who really cares
you also say that 3 mill shares will put you in the top 20 but when I check the annual report the 20th biggest holder has 4,722,222 shares

Expand

Nobody telegraphs their sells (or buys).

Trust me the Soph’s weren’t granted a one month window to bug out...cause they’re Soph’s. Only retail were granted that advantage.

The Soph’s are banging out at a15% loss and their brokers are leaking them out.

Ok, put 4,722,223 on the buy side @ 0.034 and you’ll get taken out.

Any sort of volume on the buy side will bring out sellers...they lay in wait.

LKE Price at posting: 3.4¢ Sentiment: Sell Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

HYT

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

EBR

EBR reaches review milestone for wireless cardiac pacing device

I88

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

EMR

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

TLG

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

There are more pages in this discussion • 7 more messages in this thread...

First 60 Last

Add LKE (ASX) to my watchlist

(20min delay)
Last 3.7¢		Change 0.001(2.78%)		Mkt cap ! $61.73M

Open	High	Low	Value	Volume
3.6¢	3.8¢	3.5¢	$160.2K	4.425M

Buyers (Bids)

No.	Vol.	Price($)
4	94288	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	696134	8

View Market Depth

No.	Vol.	Price($)
4	94288	0.036
16	1321696	0.035
10	618646	0.034
22	1647988	0.033
29	1768135	0.032

Price($)	Vol.	No.
0.038	696134	8
0.039	745987	9
0.040	2406820	12
0.041	524363	7
0.042	509523	3

Last trade - 16.10pm 29/08/2024 (20 minute delay)

LKE (ASX) Chart