LHG unknown

chart for comment

  1. commy
    807 Posts.
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    19/11/03
    23:30
    Post #: 304839

    I dont know anything really about Lihirs fundamentals.
    I know they did a share placement at $1.50 the other day to raise capital (dont even know what for). Looking at the chart I cant help but think it is going to fall, If 1.60 fails, then maybe it will fall back onto the long term lower trendline (somewhere in the low 1.40s).
    I am looking to buy puts.

    Anyone following Lihir Gold??

    Thanks in advance

    Commy






    LHG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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