Is the bottom in?, page-1912

LKEks percentage shorts has been below 2% since July and are now below 1%.

Surely it’s time to stop blaming the shorting for the current state of the share price.

LKE has disclosed a number of catalysts that could have a negative impact on the share price that could be worrying some investors. IMHO some examples are:

• Capital Raise
  • These are usually at a discounted share price
• Strategic Partner JV
  • That could dilute LKEks ownership of Kachi from around 80% to around 40%.
• The macro environment
  • Causing delays that could result in production slipping.
• Inability to raise cash if the runway needs extending
  • That could result in administration or perhaps an unfavourable takeover.

I’d rather see discussion on points like these, as they are clear and present, as opposed to constantly forecasting that short numbers will be “interesting” in 4 days time.

DYOR