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LuckyCharmz

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05/02/24

10:22

Post #: 72236538
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Originally posted by Thejerry01: ↑

Have Lake Resources' insiders been buying or selling their own company's shares?
The most recent director transaction for Lake Resourcescame earlier this year on 24 March. This revealed that non-executive chair Stuart Crow offloaded close to 554,000 Lake shares for a sum of almost $300,000. That left him with just under 2.1 million shares of Lake. A further 7.37 million shares were also sold by his partner Ainslie Williams.
At the time, Lake Resources clarified that Crow had made these sales "under advice to meet personal financial obligations". The company went on to say, "Mr Crow currently has no plans to sell any additional shares in the foreseeable future".
Before this sale, we had theMay 2022 noticethat Dr Nicholas Lindsay sold around $400,000 worth of listed options. Lake Resources directors seem to be periodically awarded performance options for their service, which are convertible into shares at certain points.
The same Dr Lindsaysold 350,000 ordinary shareson 13 April 2022 for just over $664,000.
That same month, we hadanother major share sale. This time, it was director Steve Promnitz. Promnitz disposed of 1 million shares for a total windfall of $2.29 million.

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Your children should be ashamed of their fathers conduct

You recommended holders buy GLN down 50% this month. Comment?

Last edited by LuckyCharmz: 05/02/24

LKE Price at posting: 9.5¢ Sentiment: None Disclosure: Not Held
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1 Great analysis

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Last 6.0¢		Change 0.000(0.00%)		Mkt cap ! $104.2M

Open	High	Low	Value	Volume
6.0¢	6.2¢	5.8¢	$405.9K	6.726M

Buyers (Bids)

No.	Vol.	Price($)
5	196999	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.2¢	178353	2

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No.	Vol.	Price($)
5	196999	0.060
6	418398	0.059
6	2223474	0.058
8	670695	0.057
13	486801	0.056

Price($)	Vol.	No.
0.062	178353	2
0.063	263373	2
0.064	750148	6
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