With LSA at the moment I think there are several factors to keep in mind:
1. This story is old as far as the market is concerned. Most have run out of patience. If you believe in the quality of the ground - then an investor has their own decision to make. Traders have already gone - but will be back on RESULTS.
2. Results from 79 RC HOLES and 4,000 SOIL/ROCK ASSAYS are still pending. There aren't too many shares in my portfolio with that amount of assays over quality ground pending.
3. Market cap is $22M. If you believe in the potential of the ground then this is the key number - not the share price.
4. Overhang from Steinepreis crew. At what point do they stop selling under 6c?....probably can only be determined when RESULTS come that indicate a bigger prize.
So - I am happy to sit and wait. The current price range is tempting...trying to work out if it will fall further before the RESULTS or whether we have reached a support level. Would be very happy to hear from some charting focused shareholders.....
Best of luck
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.90M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $86.87K | 720.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 72057 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 19772 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 72057 | 0.120 |
2 | 15380 | 0.095 |
3 | 73333 | 0.090 |
1 | 100000 | 0.089 |
1 | 14940 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 19772 | 2 |
0.150 | 10000 | 1 |
0.160 | 5000 | 1 |
0.170 | 13035 | 1 |
0.200 | 2700 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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