The share price going down in the short term does not mean there is something bad coming, especially when the share price has risen by a fair bit.
More than likely, some have taken profits (like me) and then others get worried the price is dropping and sell.
The other thing, LBL has been going through profit upgrades and the last one was not that long ago
Ann: Half Year Revenue Up 45%, page-18
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Last
54.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.88M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.5¢ | 54.5¢ | $5.197K | 9.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39631 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 15120 | 1 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| LBL (ASX) Chart |