LKE For me, I have only a small L in mind due to a small share holding at a centre-point trade today I shared earlier on
10c for me would be a loss of -$302 and that's far too much I would have as a risk. I'm willing to lose half of that amount of $150 and if I am right, a 16c price target would be +$357.50 and higher at 18c so it's still a risk of 1, with a reward of 2 or more
I am fine to swing this for a few days and give the shorts a chance to close out some of their entries from them shorting 11c and 12c levels
I bet less than 1.5M shares were short today we will have to find out HOW MANY went short on this "bad announcement" todaylaggard data but nice to see anyway
Ann: UPDATE ON COST REDUCTION ACTIONS, STRATEGIC PARTNER PROCESS, page-55
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Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $81.49M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.8¢ | $194.6K | 3.927M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 983947 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 591262 | 12 |
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| Last trade - 12.38pm 19/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |