LKE 2.86% 3.6¢ lake resources n.l.

US Based Head Office, page-243

  1. 3,439 Posts.
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    BSquire,

    What the particular poster you are responding to hasn’t realised is that WMC are a Buyer. They are not a battery maker or an OEM….so they will need to sell product to the market - or hold it whilst the price appreciates and then sell it at a later date. As a middleman, they NEED to buy at a discount so that they can sell at market (or premium) rates. For that benefit, they are investing in a 10% stake in LKE. Win:Win as far as I’m concerned.

    I don’t think too many readers will fall for the red and black narrative.
 
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