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35.5¢ larvotto resources limited

$100 million MC on its way, page-444

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duke348

722 Posts.

106

13/03/23

13:48

Post #: 66735192
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Originally posted by ForeverNewbie: ↑

I honestly think people are just taking what they can out now to invest elsewhere.
With the volatility and what has been occurring in the US, there are definitely some sales out there.

LRV right now, is not attractive. Management has once again proved they cannot stick to their timelines for an announcement.
It has been 2 weeks since in the end of Feb. Regardless if it is raining in Isa right now, If you have results you need to release them not, try and do a big bang release.

Holders are also aware that bad results, can mean another 6 months of radio silence from management, which means their funds would be trapped here at an even greater loss.

Management need to be aware that given their poor track record with communication and the lack of announcements, that if they say something like "we will get results at the end of the week and it will take a week to vet" then stick to that timeline.

If they cannot stick to that then say in coming weeks.

Unfortunately, LRV does not have the results yet to be taking this nonchalant approach and believe that holders will just stick around.

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it would seem all the bigger shareholders are well informed and still holding tight. Just us retailers are in the dark.

LRV Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 35.5¢		Change -0.015(4.05%)		Mkt cap ! $110.0M

Open	High	Low	Value	Volume
37.5¢	37.5¢	34.0¢	$741.0K	2.076M

Buyers (Bids)

No.	Vol.	Price($)
7	72064	35.0¢

Sellers (Offers)

Price($)	Vol.	No.
35.5¢	18576	1

View Market Depth

No.	Vol.	Price($)
1	4424	0.355
7	71410	0.350
8	105625	0.345
13	441039	0.340
5	90985	0.335

Price($)	Vol.	No.
0.360	159521	6
0.365	60000	1
0.370	28500	1
0.375	301780	4
0.380	71126	2

Last trade - 14.32pm 04/10/2024 (20 minute delay)

LRV (ASX) Chart