LKE
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5.26% 4.0¢ lake resources n.l.

Sorry previous link did not work. Story in AFR this morning....

  1. Stuffa
    4 Posts.
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    12/07/22
    09:33
    Post #: 62487376
    Sorry previous link did not work. Story in AFR this morning.

    ‘Remote chance’: JCap attacks Lake Resources’ lithium project

    Tom Richardson
    Tom RichardsonMarkets reporter and commentator
    Jul 11, 2022 – 5.33pm

    Activist short seller J Capital has attacked lithium explorer Lake Resources for paying financial advisory businesses 41.5 million share options to produce favourable research on it at the same time as insiders at Lake sold shares.

    The hedge fund research house founded by Tim Murray and Anne Stevenson-Yang also argued investors still have no evidence that Lake Resources’ proposed direct lithium extraction (DLE) technology works.

    LKE Price at posting: 67.5¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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