From what I can tell from HC and Reddit, LKE attracts a certain type of (retail) investor who get swayed by the headlines and might not understand some deeper fundamentals. It’s amusing, for example, to see people talking about LKE’s ‘extremely high grade resource’ (or words to that effect) because they’ve seen the 99.97% number splashed around - not realising that is what a third party is producing in the lab, rather than their underlying resource which has high Mg/Li rates (over 4.0).
So one wonders how much of their SP action is driven by retail investors of that ilk. Hard to say, just my observations. I have nothing against LKE, I like the idea of DLE but If I was an investor I would fear they were just the test guinea pig to see if DLE can work at very large commercial scale. Time will tell.
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.46M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.0¢ | $104.0K | 721.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 271268 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 1006621 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 250025 | 0.140 |
8 | 283078 | 0.135 |
14 | 382019 | 0.130 |
11 | 575671 | 0.125 |
11 | 437132 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 906621 | 4 |
0.155 | 310000 | 7 |
0.160 | 676334 | 7 |
0.165 | 20000 | 1 |
0.170 | 36764 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
GLN (ASX) Chart |
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