I perused over and my understanding is:
1) They had Increased production costs.
2) Incoming revenue based on previous contracts not reflecting current prices.
3) Market expected a better result by failing to accurately consider points 2 and 3.
Stated outlook however was very positive (as one would expect on back of current prices and macro tailwinds). Result this time next year will be very interesting and perhaps substantially better in my view.
LKE towards TOP-5, page-1844
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Last
3.7¢ |
Change
0.001(2.78%) |
Mkt cap ! $61.73M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.6¢ | $82.85K | 2.249M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1569155 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 944575 | 9 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |