The point about analysing the minute trading action is to provide insight into what is really going on here.
There's TRUE value based on fundamentals (i.e. what is the project actually worth) and there is the share price which currently reflects more what traders who are manipulating the price want the price to be. Akdjnr is providing clear evidence that the price is being manipulated.
Price manipulators have two main agendas...
- Keep the price down so they can accumulate at a lower price (leading-up to an announcement). If their actions were absent, the price would drift up to damn near the value of the company anticipating an announcement.
- Move the price up and down a few cents so they can buy lower and then off load higher in a short period of time (a few hours). These traders aren't interested in investing for company value, they simple want to make a few grand on each churn.
Without knowing that manipulation is going on, one might conclude that LCK is sitting at 20 cents because unknown investors have decided that there is something wrong with it. There may be something wrong with it (or not) - but the share price isn't an accurate indicator.
IMO
DYOR
