LPD 20.0% 0.2¢ lepidico ltd

Ann: Lepidico secures $7.5 million facility & 3B, page-33

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  1. 1,663 Posts.
    lightbulb Created with Sketch. 238
    Agreed and the problem is all the rampers are pumping this thing up as if it's the next CSL and the market knows better.

    Another "positive" announcement and no reaction from the market. Why, because we're once again adding to the ridiculous amount of SOI. Despite all the brainiacs here saying it doesn't matter, let me tell you it does. Alot of people trade the market based on TA, the SOI combined with multiple resistance levels on the way back up means this cannot and will not move anywhere fast. Yeah a few pips here or there but no real positive moves (unless they discover gold or oil or platinum or bitcoin in the ground next to it)

    Edit, now red with a 3 million share dump into 1.5c. And let me tell you if 1.5c falls (from a TA point of view) this could be headed sub 1c
    Last edited by mbenz500: 23/12/19
 
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