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LKE

1.64%

6.0¢ lake resources n.l.

Is the bottom in?, page-1891

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dugsab

17,030 Posts.

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30/09/24

13:45

Post #: 75905775
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Originally posted by gassed: ↑

Talk of a CR is logical. But, it doesn't need to be imminent. They do have cash AND they have promised "possible" price catalyst information before that cash NEEDS topping up.
So, again, this involves those half full and half empty conclusions.
Half full, won't be needed this year, but, would definitely happen with a spike from any of those announcements. Half empty, a convincing story as to why they NEED it and the time lines for when they will NEED to use it i.e. not just to extend the runway.
Meanwhile, solid trading coninues. Short positions report up to 27 September could be VERY interesting. No Gross short sales recorded on 26 September.

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Those pesky shorts

Daily Gross Short Sales reported for 27-Sep-2024…

That day’s volume was ~ 12.5mil shares.

So, ~ 5.6% of that day’s vol was short.

IMO DYOR

LKE Price at posting: 4.1¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 6.0¢		Change -0.001(1.64%)		Mkt cap ! $104.2M

Open	High	Low	Value	Volume
6.1¢	6.2¢	5.7¢	$463.0K	7.772M

Buyers (Bids)

No.	Vol.	Price($)
2	68474	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	313567	3

View Market Depth

No.	Vol.	Price($)
2	68474	0.059
4	2629680	0.058
3	300000	0.057
12	227312	0.056
13	722908	0.055

Price($)	Vol.	No.
0.060	313567	3
0.061	188934	3
0.062	288792	5
0.063	368373	2
0.064	546877	3

Last trade - 16.10pm 01/11/2024 (20 minute delay)

LKE (ASX) Chart

Is the bottom in?, page-1891

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