Agree.. stock investing requires patience. We have 2 international offtakes waiting & both willing to invest 100s of millions into LKE. Considering their buy in price of $1 and $1.20 respectively (unless something changes) I expect the SP to hover around these levels for a while.. (most likely even when/after the DFS is released). Probably until such time as the offtakes sign & commit.
In the meantime traders/brokers/shorters will play games & try to get your shares on the cheap.. I picked up a small parcel at 0.94 today for some potential lunch money trades down the line and will continue to pick up more if the SP continues to get pushed down.
Why so many sellers v buyers, page-37
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Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $78.16M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $287.7K | 6.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1301848 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 980598 | 11 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |