For several months the share price is managed by shorters, day traders and algos.
Every day one can observe transactions of small unmarketable parcels sold at the bid price, bringing the price lower by 1/2 cent
, e.g. a sale of 3 shares that move the price down from 90 to 89.5.
For long term holders it makes no difference
and the only thing that can make any difference is progress on projects and clear company announcements.
It's hard to believe that share price of a billion dollar company can be managed by this kind of meaningless transactions but a lack of communication and recent missteps by the management leave us exposed to this ridicule.
- Forums
- ASX - By Stock
- What is the Fair Price of LKE?
For several months the share price is managed by shorters, day...
-
- There are more pages in this discussion • 6 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
Add LKE (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $65.07M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.8¢ | $29.24K | 752.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 3717852 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 622461 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
41 | 3588097 | 0.038 |
20 | 1733214 | 0.037 |
24 | 1959568 | 0.036 |
34 | 2601964 | 0.035 |
16 | 2329205 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 1304211 | 7 |
0.041 | 1300695 | 4 |
0.042 | 1435218 | 12 |
0.043 | 1008967 | 8 |
0.044 | 599155 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |