LKE 1.85% 5.5¢ lake resources n.l.

Shareholder instigated vote?, page-74

  1. 22,076 Posts.
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    Just for interest, the investment by Global X Lithium Battery Tech ETH Holdings is a seriously significant factor and very influential to a company's market cap. It's a positive sign that some confidence is returning to the sector, hopefully, to be followed by others!!

    The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.

    Just that investment in AGY after 25 October, albeit relatively small for AGY, still saw AGY's market cap increase by no less than $30 million.

    So to come out with that "suggestion" right out of the blue on LKE's HC forum when it's SP was rising, with nothing to substantiate it, had to be called out.
    LKE's total market cap, just $22 million.
 
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