LRD lord resources limited

Ann: Horse Rocks Lithium Project Granted, page-107

  1. 15,405 Posts.
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    May I offer some countering thoughts;

    1. You seem to infer that having a free float of some 63% is a detriment to the performance. I see that as more positive than negative as it potentially provides the collective more power to influence the board - think of the converse situation for a minute - when the Board controls a majority of shares, individual investors are virtually powerless.

    2. Your above mentioned post #: 63799825
    Wherein you asked me to offer guidance as to where the price would move next and I replied - a pull back was imminent. The next 4 days saw a pullback from 35 to 26.5?

    https://hotcopper.com.au/data/attachments/4739/4739139-8e7971da27d8ffc7b7824985491e315c.jpg


    Updating the chart now I can see either of 2 alternatives potentially playing out.
    1. It could head north to resistance at 32.5 or,
    2.It could retreat back to support at 27.5

    https://hotcopper.com.au/data/attachments/4739/4739141-5c03231735c1f4d146c7616f0fcf5789.jpg


 
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Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $1.471M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $7.073K 372.2K

Buyers (Bids)

No. Vol. Price($)
2 326470 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 36928 2
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Last trade - 14.25pm 27/06/2025 (20 minute delay) ?
LRD (ASX) Chart
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