Yeah .....and even PLS who's absolutely churning the ' Cash ' to the extent its burning a hole in its Balance Sheet pocket......, and who's actually yielding a 7.5% forward looking dividend payout ..... and who ALSO has just been slapped with a price target of $7.50 per share by Macquarie is currently sitting at an astonishing $3.68 per share. So even with a stock with ' Yield ' and arguably some further growth , and you are still getting smashed.So I guess don't expect anything BIG to happen right now just on account of Macquarie and Canaccord's 30.0 cent price targets....as they mean absolutely crap at the moment.Nothing makes sense right now . CRR comes out with what most would regards as decent visuals on what looks to be a potential ' Doubling ' in the WIDTH of its Mavis Lake emerging deposit. The exact South Westerly position and area of where it's Ghost Lake geological batholith is actually the source and where it extends from.
And so they've already extended the length of this find by to over 1.3 kilometers ....and their SP is down what 6.67% just before typing this ( now 4.44% ) where someone like LRS has really not even moved in either directions to its 11 - 11.5 cent range since October 2022 when Analysts had ascribed a 25.0 cent price target. So their potentially looking at a Maiden JORC of somewhere's North of 15 MT's ( I reckon ) , but the ticker and cross association ( not by choice but more by chance ) of BM8 investors is Killing them. Compares BM8's 2 projects ( 30 million MC ) to CRR's 5 ( including Australia - 3 in Canada ) at circa $70 million and you can start to realize how the disparity is potentially being manage by a few established investors with deep pockets.So what I'm basically eluding to here is that you'd be ' Safe ' in a stock like LRS that Had you bought at say 11.5 cents where buying into PLS at $4.20 ....or CRR at 5.5 ( its FTS pricing ) ....or even SYA at it's well proven 24.5 or 25.0 cent level , and you'd be actually getting killed right now.Yeah so to an extent , it makes no sense what's currently happening at the present moment.....apart from the fact that its become ' Dog eat Dog ' now and eat or potentially get eaten with regards to your share price.
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3.3¢ |
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0.001(3.13%) |
Mkt cap ! $339.6M |
Open | High | Low | Value | Volume |
3.3¢ | 3.4¢ | 3.2¢ | $723.3K | 21.93M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
182 | 43325841 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 2030189 | 8 |
View Market Depth
No. | Vol. | Price($) |
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1 | 13566 | 0.035 |
2 | 32000 | 0.034 |
12 | 2669695 | 0.033 |
178 | 43831162 | 0.032 |
70 | 25367535 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 40000 | 1 |
0.032 | 115263 | 1 |
0.033 | 2871615 | 9 |
0.034 | 9112160 | 30 |
0.035 | 10391149 | 22 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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