At 21c, LCL is already a $95m market cap company, making it $100m fully diluted with in-the-money options exercised.
With this current market cap, I would say it's already priced in on drill hole 9 comes back exceedingly positive( at least I expect it to be positive though not SUPER). With people comparing LCL to DEG might be expecting DEG's result, when the earlier holders of LCL expected LCL's kind of result with potential copper hit. If that's really the case, LCL might experience a dumbfounded fall in share price when the next drillhole comes out.
Note that once drill hole 9 assay comes out, we will have a gap between then and Oct drilling to assays results for any price movement.
For those of you who want to top up, be patient - you'll have plenty opportunities to buy from the market swings created by traders, they're all over LCL right now.
GLTAH
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.719M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $2 | 203 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 3452360 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2125740 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 3452360 | 0.007 |
9 | 4751116 | 0.006 |
13 | 5599080 | 0.005 |
6 | 6128763 | 0.004 |
2 | 800000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2125740 | 4 |
0.009 | 1858874 | 7 |
0.010 | 2981762 | 5 |
0.011 | 459999 | 2 |
0.012 | 1137500 | 3 |
Last trade - 10.04am 20/08/2024 (20 minute delay) ? |
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