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12.2%

36.0¢ larvotto resources limited

it would seem all the bigger shareholders are well informed and...

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duke348

698 Posts.

105

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 36.0¢		Change -0.050(12.2%)		Mkt cap ! $121.8M

Open	High	Low	Value	Volume
39.0¢	41.0¢	34.5¢	$1.406M	3.693M

Buyers (Bids)

No.	Vol.	Price($)
2	25267	35.5¢

Sellers (Offers)

Price($)	Vol.	No.
36.5¢	6000	1

View Market Depth

No.	Vol.	Price($)
4	72441	0.350
4	87181	0.345
9	303283	0.340
2	137759	0.335
9	541842	0.330

Price($)	Vol.	No.
0.360	116545	4
0.365	88819	3
0.370	75477	3
0.375	37849	2
0.380	47191	2

Last trade - 11.59am 28/08/2024 (20 minute delay)

LRV (ASX) Chart

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