Reality check:
1. J Cap is shorting on the basis of a lie about 'insider selling'. No insider is selling. Tim Murray is sneakily referring to the ex-CEO, Promnitz, dumping his shares when he was given his marching orders.
2.Remember, the reason Management said 'bye' to Promnitz is that he set up and had expertise in Argentina. However, the company is now opening up much more lucrative markets in America and is putting in place management with expertise in that area. Total nonsense to say 'insider selling'.
3. The reason for LKE zooming is precisely the way it's pushing ahead and expanding its markets. J Cap has parasitically latched onto out of date reasons to spook the market and make a windfall.
Big pic imo is; same reasons that made LKE zoom before still apply... ignore the down ramping buzzards and watch it bounce.
LKE towards TOP-5, page-9708
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.40M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $50.93K | 1.309M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 2548881 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 703674 | 13 |
View Market Depth
| Last trade - 11.47am 11/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |