LKE 1.79% 5.7¢ lake resources n.l.

CRs and price dilution, page-10

  1. 834 Posts.
    lightbulb Created with Sketch. 263
    not sure that’s correct. Any partnership or stake in lake that for someone wanting into the project would need to Negotiate a purchase price for the % ownership that would be based on the market value of the project not our share price. Agreed that if it was to buy directly into lake it would be based on share price but my god we’d be desperate to do that and murder the ROI for shareholders based on the current SP, would surely be voted down. If it was then wanting shares they’d be better to try a takeover at our prices
    Last edited by Melv97: 16/09/20
 
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