…I don’t mean to butt in but he did not say that. He just said the share price has gone from 6 cents to 1 cent in 6 years. And the other thing to say that the share price has held up in my view simply means there is not much interest and at this price it is not even worth selling…..
But yes if one has shares at 6 cents and if you believe the company will come through for us investors then averaging down at these prices may be a good thing. But buying is still risky until we know for sure they have some positive movement on finance…that seems to be a difficult hurdle.
cheers
ps my buy has been changed to hold but I couldn’t change it.
lpd share price, page-16400
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $2.976K | 1.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 81 | 101053096 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 85503236 | 56 |
View Market Depth
| Last trade - 15.48pm 08/11/2024 (20 minute delay) ? |
| LPD (ASX) Chart |