Yesterday's high of 6.6c to a close of 5.7c could possibly indicate news was known and executing small sell orders was the only way to disguise the bad news. With that said, it could be that LSR lodged there trading halt on purpose delayed to allow those orders to get filled. On that note though, as I was one of those that bought in after watching this stock for weeks and research at 6.1c, shortly after the announcement came in to say " before commencement". Because that was not met despite it, an asx complaint can be made to the financial ombudsman to on yesterday's ground.
Alternatively, unless no stop losses are in place and holding long term is favourable then good luck to those holders as it seems that LSR might have in the past hit some gold spots but overall does not look as promising as it once did.
LSR Price at posting:
2.7¢ Sentiment: Sell Disclosure: Not Held
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