CG cashed his options. So what? Good business and I would have done the same in his position. It is not a vote of no confidence in LRS.
He was mystified by the recent fall in share price. Nothing strange about that. I think everyone was mystified. The assay results were preliminary and quite satisfactory. We had had positive news about cobalt and still the share price fell by 50%. The only way I can explain it was that the news was OK but not up to some peoples expectations. I am still positive about LRS. I would like to see greater transparency from management and they really need a public realtions person to manage their news releases.
I have been looking at the charts again and the ascending triangle has held. It should not go below 1.3 and my expectation is a gradual climb back to 2.1. Good news would then cause the triangle to break through the resistance.
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Last
19.8¢ |
Change
0.003(1.28%) |
Mkt cap ! $539.2M |
Open | High | Low | Value | Volume |
18.5¢ | 19.8¢ | 18.5¢ | $1.693M | 8.815M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 533649 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 2776641 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 483820 | 0.195 |
18 | 1105622 | 0.190 |
17 | 2959890 | 0.185 |
26 | 2316983 | 0.180 |
13 | 797388 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 2775289 | 24 |
0.205 | 1884464 | 24 |
0.210 | 4349738 | 23 |
0.215 | 2567076 | 16 |
0.220 | 4154982 | 29 |
Last trade - 15.05pm 01/11/2024 (20 minute delay) ? |
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