My theory regarding falling knives is that- the punters who pay $2 and the punters who pay $1 end up losing about the same amount. Those who pay the lower amount probably buy twice as many shares.
Likewise, those punters buying in at 40c may lose about as much as those who bought at 80c.
The punters who do worst would be those continuing to 'average down'.
The best would be taking a loss and learning from the experience.
I did lose a shedload on an over hyped falling knife once. But I learned from it. Now I am happy as. Investing is about learning and getting better at it.
Good luck to all.
IMHO DYOR
When the weak hands leave...the institutions will buy the opportunity, page-7
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Last
3.9¢ |
Change
-0.005(11.4%) |
Mkt cap ! $73.83M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.5¢ | 3.9¢ | $561.5K | 13.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 692742 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 130000 | 2 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| LKE (ASX) Chart |