LKE 1.89% 5.2¢ lake resources n.l.

When the weak hands leave...the institutions will buy the opportunity, page-33

  1. 2,834 Posts.
    lightbulb Created with Sketch. 1629
    OMG mate listen to me
    $4 a share means NOTHING
    yesterday vulcan were worth LESS than lake
    LLKKF was up 1.45% with a volume of 320,000 shares, equivalent to HALF OF ONE CENT, not fifty
    also this was on the 16th, LAST FRIDAY!!!!
    https://hotcopper.com.au/data/attachments/5364/5364656-91a7854277a71b89bdc0eacdeca41ae8.jpg
    there is NO liquidity in the OTC and one trade can be the entire market movement
    please for your own good do some research on what market cap was, what share price is and what liquidity is
    i'll help, share price * shares on issue = market cap
    more shares on issue, lower SP, thats why SYA is worth 4 times as much as lake but the SP is half as much
    is it BEYOND illogical to say that vulcan is 4 dollars per share and the plan is similar so lake should be 4 dollars per share, even my dog could tell you that, vulcan has 10 times less shares on issue, if they had the SOI of lake then the SP would be 42c

    Last edited by MrFaargs: 20/06/23
 
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Last
5.2¢
Change
-0.001(1.89%)
Mkt cap ! $90.33M
Open High Low Value Volume
5.5¢ 5.7¢ 5.2¢ $477.9K 8.778M

Buyers (Bids)

No. Vol. Price($)
1 100348 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 79462 2
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Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
LKE (ASX) Chart
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