Since September last year, any announcement relating to assay results or drilling has resulted in a sell off.
The market clearly does not rate the resource LNR thus far. People say they don't want hype to drive the price, they want results to be the driver. Only problem is, they're driving the price the wrong way. I imagine there are NO holders in the green.
The LNR weekly chart has broken the crucial price of 1.4c. Went as low as 1.2c and has some back to 1.4c and been rejected. Unless the miraculously climbs back to 1.5c or great quick smart, this is only going lower. Above the blue line, its worth another look
Since September last year, any announcement relating to assay...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.775M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $12.6K | 2.480M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 18610016 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 13145657 | 15 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.6¢ | 0.5¢ | 5237871 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| LNR (ASX) Chart |