Very well put deduction Cheeky-Charm.
If one takes a non-emotive look at what really has, materially, smashed the SP and has been so very heavily shorted, I belive that your conclusion will ultimately be fully supported by the general market.
I won't do a step by step analysis, been there done that, but, people taking a look at Llake as a BUY, seeing it on the top of watch lists for example, must look at what's happened since March 2022, and the only conclusion tht one can make is that THE most significant factor that has brought the SP down by 98+% from $2.64 has been SHORTING.
And, if people analyse WHY that shorting has been so dominant, they will see several OBVIOUS, LEGITIMATE, CAUSES.
Using a "fair" assessemnt of those dominant causes, one will see that, with todays' announcement and plans by the company, those most significant, if not ALL, of those reasons have been and intend to be completely erased.
I.E. Why, therefore, should the SP remain at .12.8 or lower???
YOUR conclusion, and "logic", is very strongly argued. Good luck with your decision.
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Very well put deduction Cheeky-Charm. If one takes a non-emotive...
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4 | 211459 | 0.074 |
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Price($) | Vol. | No. |
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