Gotta love the spec sector ....
Been watching a few different stocks run above $200M MC (from well under $50M)... including one that ran to $1B MC ... with no discovery.
Different sectors .... but then you look at LCK, with so many boxes ticked and:
- A project that has the backing of State Government.
- Apparent interest of some very large entities
- A future product/s, in a good sector, that would simply out price competitors
- Is on a large scale with a lengthy life (potential for increase there too, if desired).
Sitting just above $100M
Realistically, I’d think we’re only one or a couple of announcments away from the inevitability of “LCK the producer”, being a reality..... of which the MC is going to need to make up a heck of a lot of ground.
All IMO, DYOR
Cheyne
PRice being held down, page-200
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Last
0.9¢ |
Change
0.002(28.6%) |
Mkt cap ! $17.12M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $35.17K | 4.297M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3240000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1470188 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |