“Buy side: 4.1c to 2.1c there is 16,224,843 shares in volume on...

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DG4444

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13/09/24

15:56

Post #: 75665835
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Originally posted by Mozza01: ↑

You are again demonstrating my point! I'm sure it is unintentional though.

There are "not real" numbers on both sides - Buy and Sell. You have only noted that there are numbers with little significance on the Sell side thus cherry-picking the data to suit your narrative....yet again.

If you do a little basic analysis of the numbers (to weed out the numbers of less significance) and take the current share price as the "anchor" of the buy and sell numbers (data set) and look at the volumes +/- 50% of that anchor (i.e. 2c in either direction), you will see that, at the specific time of the analysis:

Buy side: 4.1c to 2.1c there is 16,224,843 shares in volume on offer
Sell side: 4.2c to 6.2c there is 7,416,522 shares in volume on offer

This process effectively removes the "outliers" and gives more meaningful numbers.....in this case showing that the Buy side outweighs the Sell side by over 2:1 within this range of more meaningful numbers.

If you had been taking note of the numbers over the last couple of weeks, it would have been plain to see the shift from the Sell side to the Buy side. A Fifth Grader could see it and understand it. You'd have to question the intellectual capabilities of any "Investor" that can't understand that.

Q.E.D.

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“Buy side: 4.1c to 2.1c there is 16,224,843 shares in volume on offer
Sell side: 4.2c to 6.2c there is 7,416,522 shares in volume on offer”

That’s 50% of the range on Buy !

Looks a bit different if you take a less misleading range.

Let’s revisit this after the next Capital Raise in the next few month.

What price do you think the raise will be at?
5, 4, 3 cents?

DYOR

LKE Price at posting: 4.2¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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