Ask yourself: Why do jcrap feel they need to keep releasing these weekly updates..? If they are so sure & confident LKE/Lilac will fail based on their original research there is no need to keep burning more $ on yet more “research”.
To me it suggests they aren’t confident & need to keep coming up with something/anything & hope it sticks.
Their original research come out when the SP was around 60-70c. Assuming they took position around that time they are currently well under & are paying daily holding costs on already large losses.
Not looking good for their xmas bonuses..
Updated Lake Short report from J Capital, page-102
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Last
4.3¢ |
Change
-0.001(2.27%) |
Mkt cap ! $71.51M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.5¢ | 4.1¢ | $404.5K | 9.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 831640 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 216771 | 2 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |