LNC 0.00% 99.5¢ linc energy ltd

asx200, page-6

  1. fss
    689 Posts.
    Low volume. And sellers have given up. There's like 70k stock from 4.30 to 5. It's almost as if no one wants to sell...and everyone wants a seat on the table. All the red days have been piss-poor...no chance to drive the price down enough to buy, indicating to the heavy hitters that there is a lot of buying power behind the stock. Thus they have taken a back seat as there is no point in selling if you can't accumulate.

    If news comes in, it may create a buying frenzy.
 
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.