The sell off this arvo relates to disappointment from those short term focused players expected more from NCM - nothing more announced hence hit the sell key - an understandable reaction.
LGL will be back trading above $4 by the end of the week - again IMHO any short term weakness is an opportunity to accumulate.
Lets not forget initial deal was made with the gold price some $70 an ounce below these levels!!
newcrest sweetens takeover bid for lihir , page-16
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 (20min delay)
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Last
$1.46 |
Change
0.040(2.82%) |
Mkt cap ! $178.2M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.46 | $2.411K | 1.654K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7668 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 13445 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LGL (ASX) Chart |