LRD lord resources limited

Ann: Horse Rocks Lithium Project Granted, page-105

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    Here is an EXTRACT of my Post #: 63799825
    Today's commentary is in red :
    Re SOI, and MC :

    LRD

    SOI = 38.4m. 37% (14.3m) is held by the Top20 thus only 24.1m free floating.

    MC = at Friday's C.O.B of 30.5= only $11.7m.

    LRDO (31Jan27 Opts, EP25c) -
    OOI - (Options on issue) = 19.2m.(EXACTLY half SOI - due a recent issue of 1 for 2 heads)
    but 60% (11.6m) is held by the Top20 thus only 7.6m free floating.

    These Oppies only commenced trading on Friday 09 Sep.
    Yesterday's vol. was only 48k, there is only 1 seller - for 19k - and a realistic 7 buyers bidding a realistic 9.0c or above.
    Food for thought?
    Who knows whether the next few days’ volume for these Oppies will be even higher? I doubt it because of the scarcity of how much buyers are prepared to bid up to from here, to get a holding in this tight as a fish’s bxx stock.

    Watch
    @Patternscharts, for 1 of his patterns' most reliable trading techniques,
    of holding on to a bought stock once it has traded above an 8EMA trendline on a 1-day 5 minute chart,
    and staying in it till it crosses, and closes, below that line.
    See my 6-month Daily chart below - for KFM early-to-mid September - for the candle closes above and below the 8EMA trendline.

    https://hotcopper.com.au/data/attachments/4737/4737823-642fd9826e2d4496f16b6f3134cc6a0d.jpg


 
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Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $1.471M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $7.073K 372.2K

Buyers (Bids)

No. Vol. Price($)
2 326470 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 36928 2
View Market Depth
Last trade - 14.25pm 27/06/2025 (20 minute delay) ?
LRD (ASX) Chart
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