LKE towards TOP-5, page-16617

Hi RRX,

LKE SP went up from 2.3c to $2.65 in less than 2 and a half years, or if you would like to consider the current price, it's $1.03 now.

This has happened despite the worst pandemic of the past 100 years, the war in Ukraine, the high inflation, FED rasing interests rates at a fast pace, etc.

This has happened despite LKE delivering many milestones later than expected, and the DFS expected in early 2023.

So this is a SP increase of 11,421% (a 115x) till the ATH, and an increase of 4,370% (a 44x) till current SP, respectively.

So regarding your remark wrt the patience of LKE shareholders, what would be a SP increase pace that would be acceptable for you?

I don't consider myself patient, but I still find it reasonably a good pace at which LKE SP has increased over the past 3 years.

Of course it's a high beta stock, so you shouldn't be surprised if the SP is volatile.