If people think that the market is "illogical" they must also try to see if there IS a reason. Markets don't just "happen" there is always a reason. Maybe have a read of the other thread of the Response to Appendix to 5B Query, that might just explain that "illogical" concern.
Just using averages, it PAYS that "American Investor" to convert as much of the interest payments into ordinary shares and to sell them than it is to bank its 15% interest in cash!! On averages, the "return" on converting to shares at the VWAP and selling them after excellent reports, would result in DOUBLING their return compared to just taking the 15% cash!!!!!!!!! "Maybe" there's your "Logical" explanation!!!
- Forums
- Charts
- LKE..................Chart thread only
If people think that the market is "illogical" they must also...
- There are more pages in this discussion • 148 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKE (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.4¢ |
Change
-0.002(3.57%) |
Mkt cap ! $88.43M |
Open | High | Low | Value | Volume |
5.5¢ | 5.7¢ | 5.3¢ | $403.7K | 7.404M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 93517 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 285185 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 63517 | 0.054 |
10 | 864236 | 0.053 |
10 | 279780 | 0.052 |
19 | 1039581 | 0.051 |
45 | 2033098 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 285185 | 3 |
0.056 | 651270 | 6 |
0.057 | 160000 | 1 |
0.058 | 388553 | 8 |
0.059 | 497016 | 6 |
Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
|
|||||
Last
5.4¢ |
  |
Change
-0.002 ( 2.35 %) |
|||
Open | High | Low | Volume | ||
5.6¢ | 5.7¢ | 5.3¢ | 2431716 | ||
Last updated 15.59pm 19/04/2024 ? |
Featured News
LKE (ASX) Chart |