So obvious someone is trying to force this down.....but by my calculations someone is caught VERY VERY short after halving the stock in 4 days. May fall at open as he pressures the opening match to fool everyone but won't be surprised to see this back above $1 today.
Its T+5 time and they have to scramble to buy an estimate 70m shares (1/3 of last 4 days volume) to borrow
or the shorts have to buyback on screen and as this is not widely held, I lean towards they need to buyback on screen.
I may be wrong of course and DYOR.....but I also could be right.
LKE chart, page-1214
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Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.16M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $244.5K | 5.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 265083 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 1869097 | 24 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |