I agree with your points but every company has hidden downsides. I was in a company where the CEO straight up lied about the gold resource. Ive been in a company where management sold off the assets for peanuts to friends, Ive been in a company where the CEO said that the rubies were 100 carats and when they went to sale they were 6 carats. Hey I was in a company where the authorities just took the mining license away. No one I know saw any of that coming it just happened. Enron ran a separate set of books to hide the real situation. Just saying keep your wits about you and never think that you are on a sure thing. Tomorrow a new virus or a discovery that makes lithium batteries obsolete who knows?
Personally Im pretty happy with my LKE investment and I hope everything turns out well but I know that hope is not a strategy.
I agree with your points but every company has hidden downsides....
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Last
5.9¢ |
Change
-0.003(4.84%) |
Mkt cap ! $99.55M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.2¢ | 5.9¢ | $128.0K | 2.113M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 969114 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 51877 | 6 |
View Market Depth
| Last trade - 11.06am 08/05/2024 (20 minute delay) ? |
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Last
6.0¢ |
Change
-0.003 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| 6.1¢ | 6.1¢ | 6.0¢ | 967259 | ||
| Last updated 11.27am 08/05/2024 ? | |||||
| LKE (ASX) Chart |