LRV 0.00% 10.5¢ larvotto resources limited

$100 million MC on its way, page-537

  1. 258 Posts.
    lightbulb Created with Sketch. 20
    I would have thought that many of those Soph’s that bought in at 18 cents at the last CR and have watched the SP fall to 13.5 would have been pleased to get out at 18 cents or anywhere near that from an opportunity cost perspective to allow them to put their funds elsewhere. Many of us LT holders have also watched the SP fall considerably and for many getting out at 20 cents or thereabouts is a lot better than 13.5 cents. I suspect quite a number have bailed and for others they may have reduced their exposure by taking a ‘bird in the hand’.

    I am not concerned by the sell off as I can understand the disappointment in seeing your investment fall by close to 50%

    It also provides a great opportunity as an entry price or as a top up price. Like others I have topped up today at 17.5 cents and am ready to grab a few more tomorrow if it dips further.

    Like many others I have been waiting patiently and will continue to do so and load up in the dips.

    This really has so few shares on issue and no doubt after the last few days even more will be locked away tightly by LTH’s and Top 20 as well as Board and Execs.

    The news earlier this week is what we were waiting for and certainly is an encouraging start on the path to possible greatness.

    GLTAH’s



 
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