Looking at the weekly chart there is support around $2.65 area. After that a long drop! I should learn to read quarterlies before buying a stock! My read is that the 317K for half year is a bit ordinary! Only produced 170K oz at lihir which is on the low side. I'm in at average $2.71 so will watch it like a hawk! Looks like we may get the short covering rally we need after looking at the 15min chart and looking at the market depth. Mind you market depth changes so quickly on this stock. A lot of large sell orders hitting off screen.
talk about getting pounded, page-9
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 (20min delay)
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Last
$1.48 |
Change
0.010(0.68%) |
Mkt cap ! $180.0M | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.48 | $1.47 | $25.43K | 17.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6258 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 1001 | 2 |
View Market Depth
| Last trade - 15.03pm 12/09/2024 (20 minute delay) ? |
| LGL (ASX) Chart |