i suggest the theory of it got pumped, as resistance levels were simply stepped over then the selling commenced ,which is normal practise in the market today allowing the support level at 40c to be base level for the next leg up.One needs to keep in mind that the management are orchestrating this plan and they have very experienced history in developing from explorer (spec) to miner (bluechip)and the backing of warwick's advice will be in there mind as the s/p is indeed managed at this very level.I tend to think its time to sit back and watch it all develop in front of us and then look back and learn what has happened to get were we will be ,i presume.
Anyone want to come forward and put there name to that selling would be appreciated just so i can keep a handle on things incase i'm pointing fingers in the wrong direction.
LOM Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
