"He (CG) was mystified by the recent fall in share price. Nothing strange about that. I think everyone was mystified. The assay results were preliminary and quite satisfactory. We had had positive news about cobalt and still the share price fell by 50%. The only way I can explain it was that the news was OK but not up to some peoples expectations."
Mystified? C'mon, everybody including C.G. knows, that 75% of the share trades in this stock are traders out for the quick buck! How can there be any semblance of share price rationality when this is going on. I am continually bemused at posters attempting to relate market movements to Company metrics in an environment where millions of shares are transacted daily by traders who's only goal is to gain a pip or two.
Here's an idea CG! Now all of the hype has evaporated, there's not enough in LRS at the moment to keep the day traders interested, so they went elsewhere!!
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $475.9M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 16.5¢ | $1.608M | 9.399M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 2237794 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 2237794 | 0.165 |
23 | 1549645 | 0.160 |
8 | 729812 | 0.155 |
19 | 872117 | 0.150 |
7 | 836904 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 250000 | 1 |
0.175 | 673776 | 7 |
0.180 | 965644 | 8 |
0.185 | 817682 | 12 |
0.190 | 702951 | 11 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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