From a peak cash holding of nearly $180m in 2022 to now around $30m - how did Lake manage to spend circa $150m?! Is there anything to show for this?
The capital position improved vastly in 2021-22 when punters were participating in multiple capital raising and converting options - but an even more spectacular cash burn rate IMO.
What business value was gained from this expenditure? Was this responsible and prudent financial management?
I wonder how much Lilac spent on Kachi... my best guess would be a 'little bit less' than Lake
- Forums
- ASX - By Stock
- Where did all the $$ go?
From a peak cash holding of nearly $180m in 2022 to now around...
-
-
- There are more pages in this discussion • 45 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
4.7¢ |
Change
-0.001(1.06%) |
Mkt cap ! $78.16M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.5¢ | $116.9K | 2.526M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 864766 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 2043075 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 888323 | 0.046 |
44 | 2244423 | 0.045 |
11 | 1512909 | 0.044 |
16 | 1388030 | 0.043 |
7 | 1115079 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 1653951 | 26 |
0.048 | 579149 | 10 |
0.049 | 802809 | 8 |
0.050 | 1609483 | 17 |
0.051 | 106200 | 2 |
Last trade - 15.39pm 21/06/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online