True Oscar09, no one is making any great profit at these price levels no matter how far back one goes to 2015-16. Many of those holding sub 1 cent would have taken advantage of the rise to 7c-8c back in late 2017/18. This is now verging on panic (not only for LPD but globally), it's becoming irrational - the vast majority making big losses.
I'd like to remind Dom74, a 'pip' at this level is is close to a 10% (9.09%) loss, and becomes a much larger as it approaches lower levels. So flipancy doesn't help.
Global markets need to do some more churning to consolidate these falls, 10% or thereabouts, of the last week. I would not be surprised to see a 25% to 30% all ords recoupment of the ground lost (180 to 200 points) - probably next week. Mainly short sellers covering their open positions.
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $2K | 1M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
80 | 59752533 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 87436494 | 43 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
80 | 59752533 | 0.002 |
86 | 221881960 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 87436494 | 43 |
0.004 | 35936194 | 42 |
0.005 | 13387988 | 15 |
0.006 | 3150999 | 8 |
0.007 | 2277188 | 7 |
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