“From a peak cash holding of nearly $180m in 2022”
Unfortunately that’s been the way with past and present management.
e.g. Management spent US$15m (~AUD$21.7m) supposedly on drilling with no published results for Oloroz or Paso. https://lakeresources.com.au/wp-content/uploads/2022/02/lke_target-100_14-feb-22.pdf
Management now after another AUD$20m to maintain their lifestyles.
Shareholder’s interests haven’t been in good hands as claimed by the usual suspects.
https://youtu.be/N2AVbLJ9vl4?si=mKPR9_9W0DUqLD0X&t=25
Topic is “Where did all the $$ go?”. So this is on topic.
Content is moderate.
What’s your next reason to report ?
DYOR
Where did all the $$ go?, page-2
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Last
6.4¢ |
Change
-0.002(2.31%) |
Mkt cap ! $104.5M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.5¢ | 6.2¢ | $306.2K | 4.827M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2019647 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 7206 | 9 |
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| Last trade - 15.33pm 24/05/2024 (20 minute delay) ? |
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Last
6.4¢ |
Change
-0.002 ( 2.29 %) |
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| Open | High | Low | Volume | ||
| 6.5¢ | 6.5¢ | 6.2¢ | 1606853 | ||
| Last updated 15.47pm 24/05/2024 ? | |||||
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