LRS 4.00% 13.0¢ latin resources limited

Ann: Placement-LRS.AX, page-38

  1. 5,980 Posts.
    lightbulb Created with Sketch. 96
    Agreed Buying

    They do not need any further cap raises they get money from the JV in Peru, and more R&D money as well as sale proceeds on Guado

    This is going higher in my opinion and was subject to the sellers who got caught day trading when a trading halt was announced

    The stock traded almost 400 million 40% of the register in the 2 days prior to the TH , naturally many of these were forced sellers and the smart money will wait and be buyers later in the week.

    I expect news flow once the selling volume has slowed

    For those of us who have held LRS long term this stock was a low volume stock so the spike in trading must have been part accumulators but mostly traders , and quite soon thou would expect the offer side to dry with accumulators obviously trying to buy slowly and as low as they can .
 
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Last
13.0¢
Change
0.005(4.00%)
Mkt cap ! $363.9M
Open High Low Value Volume
13.0¢ 13.5¢ 12.5¢ $755.8K 5.910M

Buyers (Bids)

No. Vol. Price($)
8 378977 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 109597 4
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
LRS (ASX) Chart
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