LKE 1.64% 6.0¢ lake resources n.l.

Euroz Hartleys initiates LKE coverage A$1.28 target, page-21

  1. 22,225 Posts.
    lightbulb Created with Sketch. 2203
    Thanks Suw. Monday's flash in the pan, as you and most of us realized, had no chance of being sustained. There was stacks of unsubstantiated hype and probably a new Insto with a limit of $1 on it's algo platform. Now, that Motley Fool "explanation" for that break out, for most LI players not just LKE, but, it also "offered" five companies that it recommended in the Li field and it specifically stated "and Lake Resources is not one of them."
    MF has a huge support base and I've no doubt that many of yesterday's sellers were MF followers.
    $1 before Christmas has been your and "the talk" and Monday was most certainly just a blow out. Onwards to that $1 (plus) before Christmas.

    " It remains high risk as it moves towards development, but unrisked it has big valuation upside." Says it all!!!
    Last edited by gassed: 28/10/21
 
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