Exactly. That was my point. The index funds have to buy.
Lot is still an under appreciated stock and this should give it the momentum it needs.
The upgrades at the plant will see a good gain in efficiency and the known process position it well for a smooth ramp up.
I imagine this type of mine in general would be easier to run than the isr as well and the lower wages costs in SA must also help.
If the chart patterns are consistent we should see at minimum, another bag between fid and first drum....
Good luck all.
Exactly. That was my point. The index funds have to buy.Lot is...
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Last
44.0¢ |
Change
-0.020(4.35%) |
Mkt cap ! $805.7M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 44.0¢ | $1.434M | 3.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 343130 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 70000 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
44.8¢ |
Change
-0.020 ( 2.93 %) |
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| Open | High | Low | Volume | ||
| 46.5¢ | 46.5¢ | 44.5¢ | 919663 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| LOT (ASX) Chart |