LSA 4.48% 7.0¢ lachlan star limited

Potential of Koojan Cu-Ni-PGE Project in SW Yilgarn Terrane (Moora & New Norcia), page-206

  1. 624 Posts.
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    W
    To add to that... There are a lot in Taruga Minerals that are aslo in LSA. Same with AVZ, so many connections if you look into it deeper. Especially at the holders BEFORE both moved up.
    O
    David Steinpreis from the looks of it is the oldest of the Steinpreis boys. He's wife is Linda Steinpreis, who is the listed Director for Croesus Mining. One of the top holders in LSA. Unfortunately last notice it showed they reduced, in the month of August and September, however they still have 68m left based on the last significant holder notice.
    W
    Whether they are done reducing their risk or not, who knows... As we've seen there were a large amount of selling happening since it last hit 1.9c a couple of weeks ago, as jarring as it may look, all that selling has been constantly absorbed, which to me, despite the lowering SP is a sign of strength. It took several days of selling to get it down to 1.4c and even then there was quite a bit of selling at 1.4c however everything around that area was soaked and it only took one day of strong buying to get it back to 1.8c. Supply is definitely still there, but so is demand. Just need to wait and see who wins out. 20201009 LSA HA 1D.jpg
    That's such a lovely chart.

    Zoomed out makes it look even nicer... Posted one before. Those are the support and resistance lines that I can see...

    There's nothing much above 2.1c. There might be a little in 2.8cbut nothing till 4.8c. Not saying it'll get there... just saying that IMO, that chart is a @wow111. 20201009 LSA HA 1D out.jpg
    Have a good weekend everyone. See what next week brings...
 
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