Hi gassed,
For sure, shorters can impact the SP on the short term, but on the long term, company fundamentals always win.
Shorters have already had their big impact on LKE SP by selling more than 100 million shares. That's the past. What the future is: they MUST buy back those more than 100 million shares!!!
This, coupled with positive news from LKE will likely create a short squeeze imho.
I think some of the news that will be easy to understand for the market could be:
- Kachi JORC update
- Kachi DFS (it could have around A$10 billion NPV in my estimates)
- Kachi demo plant based lithium carbonate results reaching better than Battery Grade quality
- Forums
- ASX - By Stock
- Updated Lake Short report from J Capital
Hi gassed,For sure, shorters can impact the SP on the short...
-
-
- There are more pages in this discussion • 218 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
SBW
Shekel Brainweigh reports a 50% revenue increase in its Retail Innovation suite and delivers the first batch of 20 Smart Bays to Hitachi as part of a larger order
Add LKE (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.8¢ |
Change
0.008(11.4%) |
Mkt cap ! $130.1M |
Open | High | Low | Value | Volume |
7.2¢ | 8.5¢ | 7.2¢ | $4.253M | 53.78M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 139450 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 606296 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99450 | 0.078 |
9 | 548687 | 0.077 |
16 | 640989 | 0.076 |
15 | 751638 | 0.075 |
6 | 351459 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 606296 | 8 |
0.080 | 537442 | 9 |
0.081 | 701269 | 4 |
0.082 | 423550 | 14 |
0.083 | 731256 | 9 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |