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5.17%

5.5¢ lake resources n.l.

Nobody want to comment about today's "trading" of LKE...

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gassed

20,901 Posts.

2013

12/08/19

16:54

Post #: 39966138
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Originally posted by gassed: ↑

When considering those 5 conversions that have already taken place, they resulted in 22,480,563 Ordinary shares being issued.
It will only take 1,431,285 more shares to force that "investor" to lodge a Form 603 “Notice of Initial Substantial Shareholder” with the company and the ASX.
Now, "if" that size conversion does take place and we don't see that Form 603, then we will know that some of those shares have been sold!!!!
The cost of converting those notes have so far averaged 4.7 cents per share around $1.05 million.
The total selling price based on the average selling prices after those 5 purchases would have yielded $1.7 million IF they were all sold.
Doesn't that term of conversion create (and enable) wonderful opportunities? (and, again, I am not in any way suggesting that that has happened, just that that term certainly does create and enable those opportunities, and that's what makes people raise such questions.)
May not be connected, but "shenanigans" are most certainly continuing today!!!!

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Nobody want to comment about today's "trading" of LKE shares???????? Nobody?? Everybody understanding what's going on??

LKE Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.5¢		Change -0.003(5.17%)		Mkt cap ! $91.26M

Open	High	Low	Value	Volume
5.8¢	5.9¢	5.5¢	$272.1K	4.762M

Buyers (Bids)

No.	Vol.	Price($)
12	991729	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	334500	3

View Market Depth

No.	Vol.	Price($)
12	991729	0.055
35	1932906	0.054
14	1510742	0.053
22	895661	0.052
25	1760219	0.051

Price($)	Vol.	No.
0.056	334500	3
0.057	159000	3
0.058	681521	8
0.059	1070805	9
0.060	639524	11

Last trade - 16.10pm 26/04/2024 (20 minute delay)


Last 5.5¢			Change -0.003 ( 4.35 %)
Open	High		Low	Volume
5.8¢	5.9¢		5.5¢	1618036
Last updated 15.59pm 26/04/2024 ?

LKE (ASX) Chart