Very simple.
Investors cashing in on a guaranteed profit vs taking a risk on a drill result.
This share price was 4 cents not that long ago, so you can't say it hasn't risen in value. Maybe this is the fully valued price? There is still a lot of buying at 18-20 cents this past week, so there is still strong demand for this stock. Then there will be the profit takers with the recent capital raise. Nothing is a sure thing in life. Best of luck all holders.
Very simple. Investors cashing in on a guaranteed profit vs...
Add LCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.648M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3183330 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2095077 | 5 |
View Market Depth
| Last trade - 10.04am 04/10/2024 (20 minute delay) ? |
| LCL (ASX) Chart |
Day chart unavailable