Quote from GB:
"Just wait for the profit takers to clear and then a VWAP form at say 1.4 on 1/2 a billion share traded and then we will see the real gains in LKO iam waiting for the wombat3 results IMO possible for a 2oo million Mcap from that and that equates to a SP of 5cents"
Spot on! LKO will keep the information releases going - drip feed - to keep the momentum going. There is so much on the go here:
- possible further fracs for Wombat 2
- Wombat 3 to come (maybe even a little oil)
The press are already on to this.
Don't worry about a queue at 1.3c or so. As we saw with the volumes today, this stock will move on news!
Go Lakes!
Quote from GB:"Just wait for the profit takers to clear and then...
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| LKO (ASX) Chart |
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