LMR lemur resources limited
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Ann: Daily share buy-back notice - Appendix 3E, page-9

  1. vontrader
    23,919 Posts.
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    24/03/15
    23:50
    Post #: 14973434
    5 day vwap tomorrow should be around 4.4c

    If the company swiftly move the 15M bid up, it will cement a floor price there

    The key to increasing the buy back price is having a solid floor and additional buying above to allow the vwap to increase

    The 4.4c resistance becoming support will be bullish

    Now just to leverage that 5c capital return !
    LMR Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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