LKE 0.00% 4.7¢ lake resources n.l.

Pos1963. LKE got REAL lucky on 21 February 2020. Life...

  1. 21,144 Posts.
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    Pos1963. LKE got REAL lucky on 21 February 2020. Life saver."company maker" equivalent, compared to 20 February 2020.
    One day, 2 words!!! Incredible.
    But, remember it hit .061 on 21 February on that news, so @ .031, it's down 50% on what the market thought that 21 Feb announcement was worth to LKE!!!
    It's even over 15% down on it's 20 February closing, when it was in dire trouble and not a shadow of what it is today.

    Let's not kid ourselves, LKE has most certainly shared the depressing, and in LKE's case, illogical, sentiment of the market, probably, more than most, 50% down when "the market" is down around 30%.
    But, I keep repeating, that I'd hate to see what that SP would be like today had it not been for 21 February and those two words!!!! That's where they and all LKE shareholders are not just lucky, they are absolutely blessed.
 
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