LKE

5.26%

4.0¢ lake resources n.l.

Perhaps someone with a twitter account should give Stu a nicely...

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Karanga

735 Posts.

448

12/08/22

09:52

Post #: 63073042
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Perhaps someone with a twitter account should give Stu a nicely worded (and public) prod to come out and say stuff. You know... for him to actually communicate about his company and not just about lithium deficits etc.
Twitter seems to be his preferred comms channel

Originally posted by gassed: ↑

Thanks (again) Mozza01. Now, you've hit on something that's playing on my mind. What's next?? The SP has DOUBLED in the last 7 days!! 100% up!! It's ain't "normal"!!
Now, the last "ain't normal" event, as we all recall, was between 16 March and 5 April when the SP doubled to the ATH of $2.65. And we know what that was all about, yes, the AX200 "promotion", and that happened on quite modest volume, the liquidity just wasn't there, so, big SP rise.
But, what happened after that buying burst from the Fund Managers? Yes, the SP dropped a dollar in the next 18 days. Then dropped another dollar in the next 5 weeks to the ultimate low of .545 on 14 July. And we all know where that came from.
We've come a long way from there in a very short time, up 200% (tripled) in 20 days!!!!
Hey, that ain't norma eitherl!!
So, are we in an "abnormal" position now? Is today's price "abnormal" as it was on 5 April, being artificially pumped by factors that are clearly not "fundamental"?
So, after this lot of shorters are done and dusted, will a new lot come in and think that this 100% increase in 7 days has created a NEW shorting opportunity???
I reckon that some "substantive" development has to hit the market to mitigate that possibility, and that's what Stu knows, and must announce, and, IMO, the sooner the better, so the "normal" market activity has something other than "abnormalities" to logically invest in LKE.
Back in April, my take on the SP was that "on the fundamentals" all of which were on the table and on the public record, I reckoned that the SP was overpriced by $1, "should" have been around $1.65. Now, that's just about where we are now?? And we still have all of those news announcements on the near horizon.
Very interesting few days ahead of us and Stu could and should play a dominant role!!!

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LKE Price at posting: $1.60 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.0¢		Change 0.002(5.26%)		Mkt cap ! $66.74M

Open	High	Low	Value	Volume
3.8¢	4.1¢	3.8¢	$296.0K	7.491M

Buyers (Bids)

No.	Vol.	Price($)
1	34999	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	348985	7

View Market Depth

No.	Vol.	Price($)
1	34999	0.040
11	869704	0.039
32	2339474	0.038
20	2334622	0.037
26	1955029	0.036

Price($)	Vol.	No.
0.041	348985	7
0.042	1412892	15
0.043	335041	5
0.044	1268111	10
0.045	1051087	7

Last trade - 16.10pm 12/07/2024 (20 minute delay)

LKE (ASX) Chart

Perhaps someone with a twitter account should give Stu a nicely...

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Perhaps someone with a twitter account should give Stu a nicely...

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