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4.84%

6.5¢ lake resources n.l.

Ann: Proposed Close-out of Convertible Securities Facility, page-3

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Pippo17

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20/01/20

09:55

Post #: 42466246
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Originally posted by gassed: ↑

That's great news. Although having to raise funds and issue shares to close out those C Notes, it will remove the huge uncertainty that the terms of the conversion of those notes has clouded the market since they were issued and not only provided great uncertainty, had actual destructive effects on the share price. Shareholders can cope with a capital raising with so much news in the pipeline and with the knowledge that that VWAP facility no longer will be in the back of their minds. Sure, the terms of the closure and the details of the fund raising will still be onn peoples' minds, but, could not be worse than the very damaging affect that that deal has had on this company's SP.

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Agreed, raise some capital and get rid of this investor. May be the last opportunity to grab a few more before a solid year of building.

LKE Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.5¢		Change 0.003(4.84%)		Mkt cap ! $106.1M

Open	High	Low	Value	Volume
6.2¢	6.8¢	6.2¢	$1.017M	15.63M

Buyers (Bids)

No.	Vol.	Price($)
7	588220	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	410122	13

View Market Depth

No.	Vol.	Price($)
6	568670	0.065
6	490500	0.064
7	784347	0.063
7	374700	0.062
4	318000	0.061

Price($)	Vol.	No.
0.066	411781	14
0.067	1109466	9
0.068	2558100	10
0.069	990331	10
0.070	2452197	17

Last trade - 15.41pm 10/05/2024 (20 minute delay)


Last 6.5¢			Change 0.003 ( 5.86 %)
Open	High		Low	Volume
6.3¢	6.8¢		6.3¢	8734002
Last updated 15.59pm 10/05/2024 ?

LKE (ASX) Chart