ok its obvious 3.68 - 3.70's is its short term support
dont get scared
CNBC reccomended it on tonights show as a $5, 2008 target
3 bullish reasons i see.
by the end of the month 2 - 3 weeks away
fundies will buy the current market up when they get back from holidays as its been the way for the last 11 years and will co-incide with a speculative bull run from a fed rate cut end of jan
boost liquidity
xao 6500-6600 target and move towards march 6800 doubletop
will add 30 cents to LGL
Gold to gain more momentum from a speculative rate cut of 0.5%
if it happens we could get $925 gold which is $80 + 846
fibbonaci
= another 30 - 50 cent gain
3rd reason
LGL might this time release a better report than the last quarter on production figures and higher profits from an unhedged gold book
more bullishness will cause euphoria and press headlines
should get to $4.50 - $5 psycholgical target
uncharted territory
we need all three reasons to succeed
good luck holders
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Last
$1.75 |
Change
0.000(0.00%) |
Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 607 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.76 | 372 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 607 | 1.650 |
1 | 100000 | 1.515 |
1 | 393 | 1.500 |
1 | 447 | 1.120 |
1 | 3000 | 1.000 |
Price($) | Vol. | No. |
---|---|---|
1.760 | 287 | 1 |
1.785 | 25000 | 1 |
1.790 | 11331 | 1 |
1.800 | 1880 | 1 |
1.950 | 3900 | 1 |
Last trade - 16.14pm 20/06/2025 (20 minute delay) ? |
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LGL (ASX) Chart |
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