There seems to be a lot of commentary that the share price will pop upon the commencement of production.
It is well known in the market that production will be commencing within a matter of months.
For all those that know the markets well, the market prices a company based on future events.
So why is this not the case with LMG?
Can anyone give me an example of a company who’s share price has popped upon achieving a milestone that was expected?
Don’t get me wrong, this company has exciting potential.
Does the market doubt that this will all proceed?
There are numerous companies with a market cap of $1 billion plus but are yet to earn a dollar.
Look forward to feedback.
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Last
3.7¢ |
Change
-0.004(9.76%) |
Mkt cap ! $86.89M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.6¢ | $85.18K | 2.199M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 102135 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 4719 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 102135 | 0.037 |
4 | 411962 | 0.036 |
4 | 409000 | 0.035 |
1 | 50000 | 0.034 |
1 | 125000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 4719 | 1 |
0.042 | 100000 | 1 |
0.043 | 241028 | 2 |
0.044 | 100000 | 1 |
0.045 | 142500 | 2 |
Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
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