Pointy, I figure that a chart is pretty much meaningless while the stock is still a spec. As you have noted, "One big announcement shatters all charts" and that is right on the money for me.
So if you take that as a given, then the rise and fall in the stock is just a cumulative sense of how traders are judging the increase in prices/volumes of the alluvials. That has to be balanced out with the chance (and it is a very real chance) that a kimbo announcement would send the price skyrocketing. As for some comments "I am waiting for the stock to run down to $0.20" it just defies logic how a company that has increasing turnover and is discovering more asset all the time and it hinty pretty hard on a major announcement is going South. But that is how some traders are prone to read it.
But hey, what would we know. We are not "astute investors". GLTAH
LOM chart, page-880
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 149000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.040 |
1 | 2000 | 0.038 |
2 | 73000 | 0.037 |
1 | 83360 | 0.036 |
3 | 381414 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 149000 | 2 |
0.043 | 92576 | 2 |
0.044 | 112000 | 1 |
0.045 | 108400 | 2 |
0.046 | 180000 | 1 |
Last trade - 16.12pm 18/10/2024 (20 minute delay) ? |
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LOM (ASX) Chart |
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