Yes, correct.
While there is some support from 5-6c earlier in the year, that earlier gap at the start of the run is always a point of interest.
I have previously done a calculation on shareholder equity being around 7c which I thought would help keep the SP around there, but sadly gaps seem to have a habit of being closed. While I hope this isn't the case, given time it is always a possibility.
For now 5c looks like the next support before news possibly this Thursday.
LDX Chart, page-24
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Last
4.2¢ |
Change
-0.004(8.70%) |
Mkt cap ! $20.21M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.2¢ | $230.1K | 5.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 534989 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 221428 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| LDX (ASX) Chart |