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6.2¢ lake resources n.l.

incorrect. You didn't allow for the cost of hiring people to...

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autumn10

65 Posts.

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16/10/22

18:00

Post #: 64223607
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Originally posted by sowens: ↑

I'm still trying to understand the shorts. The share price peaked at $2.65, but the shorts didn't really pile in until the price was $1.55 and shorting stopped at 87 cents. So we have the 30% who were short from earlier this year when Johnny Shorts and dug said short at 88 cents, then there are 60% of shorts who opened their position between $1.55 and 87 cents and the 10% who like Mitch have closed their position. The halfway point between $1.55 and 87 is $1.21, so the typical short must now be sitting on a profit of about 20 cents (or less if you included Johnny Shorts followers), so I guess this is why they haven't closed because their profit margins must be about 20 cents. Not worth the risk, in my opinion.

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incorrect.
You didn't allow for the cost of hiring people to spread FUD.
even the bad ones cost money.

oh dear.

LKE Price at posting: 97.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.2¢		Change 0.003(5.08%)		Mkt cap ! $102.8M

Open	High	Low	Value	Volume
6.0¢	6.3¢	6.0¢	$300.6K	4.888M

Buyers (Bids)

No.	Vol.	Price($)
4	113043	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	537045	10

View Market Depth

No.	Vol.	Price($)
4	113043	0.062
6	737900	0.061
9	1408150	0.060
15	965763	0.059
11	1276308	0.058

Price($)	Vol.	No.
0.063	537045	10
0.064	916867	13
0.065	496823	10
0.066	383738	6
0.067	682000	5

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 6.2¢			Change 0.003 ( 3.16 %)
Open	High		Low	Volume
6.0¢	6.3¢		6.0¢	2590872
Last updated 15.58pm 06/05/2024 ?

LKE (ASX) Chart

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