Selling yesterday was probably the result of Commodity Index Rebalancing.
Gold is REDUCED from 10.8 to 7.9 percent of the index which therein causes related selling by INDEX FUNDS.
LGL has, I suspect, been caught up in this however, it will be short lived and the rally will kick off again.
I am a buyer of this prmier, quality gold stock on this correction.
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LGL
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5.71%
!
$1.65

2.65 is important, page-17
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Last
$1.65 |
Change
-0.100(5.71%) |
Mkt cap ! $201.4M |
Open | High | Low | Value | Volume |
$1.76 | $1.76 | $1.65 | $35.08K | 20.05K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 530 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.79 | 96 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 530 | 1.650 |
1 | 100000 | 1.515 |
1 | 393 | 1.500 |
1 | 447 | 1.120 |
1 | 3000 | 1.000 |
Price($) | Vol. | No. |
---|---|---|
1.785 | 96 | 1 |
1.790 | 11331 | 1 |
1.800 | 1880 | 1 |
1.950 | 4485 | 2 |
2.170 | 4321 | 1 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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LGL (ASX) Chart |