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Today's news.
LKE - Lake Resources
- Thread starter springhill
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Once a speculator darling, LKE can only reach south pole now before reversing
Sean K
Moderator
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Dona Ferentes
A little bit OC⚡DC
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tide is still going out.
still a $300M market cap, and $90M in the kitty
still a $300M market cap, and $90M in the kitty
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A few tipsters picked LKE in the 2023 Yearly Comp. By the end of the year it had lost over 83%, so it has now been tagged as one of the 4 Dogs in 2023 Comp.
So we'll keep an eye on it this year so see how it goes. Since the start of this year 2024 it hasn't been off to a great start now down 27.69% this month already.
So we'll keep an eye on it this year so see how it goes. Since the start of this year 2024 it hasn't been off to a great start now down 27.69% this month already.
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Dona Ferentes
A little bit OC⚡DC
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tide's gone out on this ...
trading halt is requested pending the release of an announcement by a (?) Company regarding a potential capital raising.
Will they get 9c?
trading halt is requested pending the release of an announcement by a (?) Company regarding a potential capital raising.
Will they get 9c?
Dona Ferentes
A little bit OC⚡DC
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nope.
Barrenjoey and Canaccord Genuity are seeking buyers for 214 million shares at 7¢ apiece, or a 39.1 per cent discount to the last close. Morgans was mandated as the co-lead manager.
The raise was split as a $15 million placement and a $5 million share purchase plan
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One of the 4 Dog (down -83.75%) in the 2023 Comp.
Not good, this has continued down this year -48.46% so far and the Long and Short term trends are down naturally.
Not good, this has continued down this year -48.46% so far and the Long and Short term trends are down naturally.
Dona Ferentes
A little bit OC⚡DC
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A "salar" is described as an area covered in salt that is formed by the evaporation of groundwater in hydrographically closed desert .
"LKE" could be described as an area if speculation covered in ordure formed by the evaporation of investor dollars in a graphically diminishing desert.
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One of the 4 Dog (down -83.75%) in the 2023 Comp.
Down another -4.55% this month at the moment, it needs to turn around now. That's a big drop from a high of $2.65 this time 2 years ago to 0.063 today, down 97.6% in 2 years.
Down another -4.55% this month at the moment, it needs to turn around now. That's a big drop from a high of $2.65 this time 2 years ago to 0.063 today, down 97.6% in 2 years.
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One of the 4 Dog (down -83.75%) in the 2023 Comp.
Down another -4.55% this month at the moment, it needs to turn around now. That's a big drop from a high of $2.65 this time 2 years ago to 0.063 today, down 97.6% in 2 years.
Is 0.53 going to be the bottom? Time will tell, we'll have another look next month.
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One of the 4 Dog (down -83.75%) in the 2023 Comp. It's going to do it again this year, now down -76.69%. Support didn't hold. Stays in the trend longer than you think at times! Where will it end?
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One of the 4 Dog (down -83.75%) in the 2023 Comp.
This continues in the same direction ... Down! Now at 0.035, down -73.08% this year.
This continues in the same direction ... Down! Now at 0.035, down -73.08% this year.
Good afternoon
Some spark back into the SP... ASX asked the question of all questions ...
Is LKE aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities? No, LKE is not aware of any information concerning it that has not been announced to the market, which, if known by some in the market, could explain the recent trading in its securities
See attached
Daily Chart
Not holding
Have traded
Kind regards
rcw1
Some spark back into the SP... ASX asked the question of all questions ...
Is LKE aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities? No, LKE is not aware of any information concerning it that has not been announced to the market, which, if known by some in the market, could explain the recent trading in its securities
See attached
Daily Chart
Not holding
Have traded
Kind regards
rcw1
