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2.78%

3.7¢ lake resources n.l.

Ann: SPP Offer Closing Date Extended, page-60

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dugsab

16,804 Posts.

2615

09/03/20

20:44

Post #: 43392429
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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

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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
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(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