With 700,000 on offer at 20c a 100 lot trade is just a joke, the ASX should not report it , as I mentioned a few days ago when they were occuring at 21.5 and 22c I said it looked like a sign of weakness ... here we are with gold trading at 2 week highs and the stock is heavily offered at 20c ... a 10% fall , the genuine prive level to me at the moment looks like 18.5/19 ... the placement price plus a small margin. The placement has stopped any price increase in its tracks ... news is required , and with delays all throughout the mining industry those holder expecting news " any day now " are likely to be disappointed ... hopefully they aren't long with borrowed money / margin etc b'cos time is working against them.
On a brighter note the gold price looks good and the latest Fed cut will only further entrench USD weakness and with it gold and commodity strength. On a better note for me our NZ dairy giant Fonterra today announced another 50c increase in the forecast payout for each Kg of Milk-solids ( $6.40 to $6.90 .... previous record $5.33 in 2001 ) , due to increased world prices primarily because of grain in the US being fed to bio-fuel plants rather than cows and the continuing struggles of the Australian dairy industry due to drought .... the company I am a director of will produce 4m kg/MS this season ... so another $2m straight to the bottom line .... NICE !!!!!!!
Good luck to all KAL/KALO holders ... but don't expect fireworks til next year.
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With 700,000 on offer at 20c a 100 lot trade is just a joke, the...
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.753M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $2 | 86 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 1153846 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.023 |
1 | 22341 | 0.022 |
3 | 482544 | 0.021 |
1 | 110000 | 0.020 |
1 | 1000000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 1153846 | 1 |
0.026 | 295939 | 1 |
0.027 | 275000 | 2 |
0.028 | 602076 | 3 |
0.029 | 576843 | 2 |
Last trade - 11.23am 13/09/2024 (20 minute delay) ? |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
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