As far as I know from your posts you are not a holder. Right? Do you realize that the share price is now 47.5 cents with a market cap of about 675 million. So in my opinion those things are already priced in. How do you know that people didn’t sell out when they were down 20 percent or more? Or they didn’t buy more to bring the average down when the share price came down to 40 cents.
This is a new phase of Lake resources. Personally I am expecting a clear path to first Lithium production. That is the most important aspect.
In my opinion the share price will be re rated based on what comes tomorrow. Some might sell if their expectations are not met and some will buy as well if they find the current MC attractive enough. Let’s see.
IMO DYOR
As far as I know from your posts you are not a holder. Right? Do...
Add LKE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.9¢ |
Change
0.001(1.72%) |
Mkt cap ! $97.89M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 6.1¢ | 5.8¢ | $181.4K | 3.043M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 773915 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 444830 | 7 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
6.0¢ |
Change
0.001 ( 3.27 %) |
||||
| Open | High | Low | Volume | ||
| 5.9¢ | 6.1¢ | 5.8¢ | 1887308 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LKE (ASX) Chart |