LKE 1.54% 6.4¢ lake resources n.l.

Ann: UPDATE ON COST REDUCTION ACTIONS, STRATEGIC PARTNER PROCESS, page-71

  1. 4,604 Posts.
    lightbulb Created with Sketch. 410
    Precisely this, the worst fundamental beaten down stocks have the tendency to run the most! redface.png
    Well done! eek.png
    Yes that is my X Handle smile.png would love to hear more of your analysis for LKE biggrin.png cheers!

    I do understand it is a terrible company fundamentally. I DO agree, I am taking on risk. I do agree I may be 7yrs late to the party...it's my first trade on it cool.png
    I did well entering SYA last week and sold out today the remainder of my shares for a +$470 Profit and will msot definitely be focusing on Lithium stocks in the short term. LKE is probably the worst of the lot although a few things for me stick out that could push prices higher amongst an extremely negative sentiment stock. They say 3rd time is a charm we have seen BRN, ZIP....can LKE do it? Give some long term holders temporarily relief? I am not a short on this as I see more risk as a short than for a long , so I went long confused.png wrong or right, just have a plan in mind sneaky.png


    https://hotcopper.com.au/data/attachments/6008/6008558-7a1630d50d1c67232241b3e1da4672f2.jpg
    PLS has 3x the Shares on Issue with 632M short or 21.01% of SOI. PLS is also $13.27B in Market Cap
    Short squeezes on a stock thats higher priced, larger in market cap and with way more shares on issue DONT have monster moves or 100% upsides
    UNLIKE
    LKE with 1.3B shares on issue. There are 57M shares short or 4.01% of the total shares on issue
    This has far more chances of volatility than a larger capped stock. It requires far less money to push a stock like LKE. I have a few on my hitlist that meets these key metrics for me. Will this pay off like SYA? We will find out

 
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Last
6.4¢
Change
-0.001(1.54%)
Mkt cap ! $106.1M
Open High Low Value Volume
6.5¢ 6.5¢ 6.2¢ $314.3K 4.954M

Buyers (Bids)

No. Vol. Price($)
7 1898303 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 41179 1
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
6.4¢
  Change
-0.001 ( 2.29 %)
Open High Low Volume
6.5¢ 6.5¢ 6.2¢ 1653793
Last updated 15.59pm 24/05/2024 ?
LKE (ASX) Chart
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