LKE 1.72% 5.9¢ lake resources n.l.

DG444, just to clarify, those %s are %s of the total issued...

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    DG444, just to clarify, those %s are %s of the total issued capital of LKE, not of the daily turnover.

    On 17 Jun & 20 Jun, the new shorts represented well over 30% of the those days' turnovers. Subsequently, the new shorts % of turnover have reduced to be under 10% on 23/24/27 June.

    In terms of overall outstanding shorts (refer graph below), the peak of 98.56m shorts representing 7.32% of all LKE shares was reached on 20 Jun, & then changed only very marginally on 21/22 Jun (98.25m/97.17m), the latter two days having had huge daily turnovers of 89m/140m shares.

    ASIC will report tomorrow on outstanding shorts at 23 Jun when another 140m shares were turned over for a decline of 16.7%, with LKE reached as low as 67.5c.

    https://hotcopper.com.au/data/attachments/4466/4466692-90492573a0481443fcb9eadf373e3966.jpg

 
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