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4.0¢ lake resources n.l.

LKE towards TOP-5, page-178

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Sushie

106 Posts.

94

04/01/22

18:25

Post #: 58638011
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Originally posted by gassed: ↑

Sushie, the LKEOCs can be traded exactly the same as the ordinary shares. But, they are completely different animals, as they do have an end date, being 22 June 2022, when you have to pay the .75 exercise price, or lose them completely.
But, if you already hold them from your previous holdings, you can sell them anytime up to 22 June 2022, and if you buy more now, just treat them like your other shares.
If you don't pay the exercise price of .75 by 22 June 2022 ,they disappear with no value at all after 22 June 2022, so, you MUST be much more careful holding them. And their value is VERY dependent on how the ordinary shares perform.
But, if "played" appropriate to the relevant prices, they have the potential of much higher percentge returns at a lower outlay.i.e. "If" the ordinary shares go from, say, $1.10 to, say, $1.35, up 23%, the LKEOC's, on current indications on how they are being valued, will more than likely go from, say, .40 to .65, up 62.5%.Just don't do nothing once you hold them!!!

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currently its trading at .40 so how do i pay the difference( since you said its .75) and sometimes its like .35....so at what price should i buy? thank you

LKE Price at posting: $1.09 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.0¢		Change 0.000(0.00%)		Mkt cap ! $66.52M

Open	High	Low	Value	Volume
4.0¢	4.1¢	3.9¢	$342.4K	8.554M

Buyers (Bids)

No.	Vol.	Price($)
2	12284	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	1802839	8

View Market Depth

No.	Vol.	Price($)
2	12284	0.040
25	2203117	0.039
19	1500307	0.038
6	828673	0.037
12	502692	0.036

Price($)	Vol.	No.
0.041	1802839	8
0.042	879449	13
0.043	775564	11
0.044	270138	7
0.045	673685	6

Last trade - 16.10pm 01/07/2024 (20 minute delay)

LKE (ASX) Chart

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