It is now going to be a slow road back until the next quarterly or annual report. Even with big partnership announcements I feel is a month at best now until some quality gain in the SP.
Given the large insto / director holding in the company, reliance on new retail investors to jump on is going to rely solely on revenues from the sales now imo.
Everyone was expecting a larger signup by now, yet to finalise and whether this occurs pre Christmas is unidentified. The SP barely moved on the announcement last week on 8 distributor signups.
Hold and wait for current holders.
Buying opportunity at these levels for the push back to 10c minimum for new buyers / trading parcels.
Instos will hold until they see reasonably profits back to that 10c price.
LDX Chart, page-713
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $19.14M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.4¢ | $102.3K | 2.948M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 621826 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 315000 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LDX (ASX) Chart |