Yes, we have dropped for $0.22 to $0.07. Who's panicking? Not me, If you want to retire or need cash maybe. What has fundamentally changed from when we had a $35 mil cash injection @0.16? Not much. There would have been a heap of retail investors who took up the SPP at $0.005, like me. I had 140,000 shares worth $700 and spent $8k on 1.6 mil shares and attaching 1.6 mil oppies. My guess is that a heap of other retailers like me bought into the SPP and sold on the way down. $0.07 is still a 14 bagger from when they bought in.
I am invested for the long term with LRS. DYOR. All the best holders.
LRS General Discussion, page-6077
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $419.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $780.5K | 5.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1140848 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 572767 | 8 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |