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6.2¢ lake resources n.l.

Do you view missed timelines as unforeseeable?

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teddie

3,875 Posts.

1615

04/12/22

15:40

Post #: 65141259
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Originally posted by sowens: ↑

Hi teddie you are right I missed adding delays and the dispute to the list of things that Mozza didn't factor in. I'm happy to acknowledge that the $2.60 price made no sense to me. If you look at LKE's SP growth up to that point it is on par with the Poseidon bubble of the early 1970's. My point all along is that LKE is a speculative play and if it is successful $2.60 will be cheap. The point of my post was that Mozza's underlying theory is good (if LKE is successful) but the price of $2.60 could not be maintained under the unforeseeable pressures that emerged.
Earlier this year I argued that the share price could very well take a hit from the expected market downturn but that my strategy was to play the company not the market.

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Do you view missed timelines as unforeseeable?

LKE Price at posting: $1.03 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 6.2¢		Change 0.000(0.00%)		Mkt cap ! $102.8M

Open	High	Low	Value	Volume
6.2¢	6.3¢	6.1¢	$245.2K	3.946M

Buyers (Bids)

No.	Vol.	Price($)
1	39999	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	301283	5

View Market Depth

No.	Vol.	Price($)
1	39999	0.062
16	1364966	0.061
39	2321194	0.060
15	1122490	0.059
21	1789039	0.058

Price($)	Vol.	No.
0.063	301283	5
0.064	607129	7
0.065	1654203	10
0.066	341960	8
0.067	1056333	11

Last trade - 16.10pm 28/05/2024 (20 minute delay)


Last 6.2¢			Change 0.000 ( 1.27 %)
Open	High		Low	Volume
6.2¢	6.3¢		6.1¢	1628879
Last updated 15.59pm 28/05/2024 ?

LKE (ASX) Chart

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