lpd share price, page-4485

True Oscar09, no one is making any great profit at these price levels no matter how far back one goes to 2015-16. Many of those holding sub 1 cent would have taken advantage of the rise to 7c-8c back in late 2017/18. This is now verging on panic (not only for LPD but globally), it's becoming irrational - the vast majority making big losses.


I'd like to remind Dom74, a 'pip' at this level is is close to a 10% (9.09%) loss, and becomes a much larger as it approaches lower levels. So flipancy doesn't help.
Global markets need to do some more churning to consolidate these falls, 10% or thereabouts, of the last week. I would not be surprised to see a 25% to 30% all ords recoupment of the ground lost (180 to 200 points) - probably next week. Mainly short sellers covering their open positions.