Suw, can you see the dilemma? Anecdotal evidence (why can't it be actual, current?) suggests that most of those 54.3 million shares would still be exposures to State Street and J P Morgan. I can't see how they could have reduced their numbers much since they ceased to be substantial holders. That would mean that there is a stand off between the holders, who also happen to be the bulk of the lenders, and the shorters, the borrowers.
The shorters NEED the SP to go lower whole the lenders, holders, don't want to see it drop any further as it would wipe out their paper thin profits. Thus the low volumes and the tight margins. It's the dogs(rats) each chasing their tails.
There can't be two winners come out of this stand off, who will blink?
NEEDS NEW BUYERS who will reflect the 24 October 2023 Lake Resources competing against those, like most knockers, trolls, here, that are still basing their arguments on 18 month old, irrelevant, now junk, garbage.
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Last
4.0¢ |
Change
-0.003(6.98%) |
Mkt cap ! $66.52M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 3.9¢ | $753.4K | 18.59M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 731925 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 760271 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 731925 | 0.040 |
31 | 3030022 | 0.039 |
17 | 2096237 | 0.038 |
9 | 1641702 | 0.037 |
20 | 2016288 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 760271 | 12 |
0.042 | 1716589 | 17 |
0.043 | 664666 | 11 |
0.044 | 521887 | 8 |
0.045 | 268269 | 4 |
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