I am not happy either, but look at the volumes tumbling since open last Friday and todays trading with bugger all dollar value trades over the course of the day.
When it moves it will be very reactive either way due to the low dollar value of shares available to trade, but that's just my observation.
Since I am a long holder, it does not concern me, nor other long holders. It's all about what's in the ground, not the day traders exits at this very early stage in the company's ASX life time since listing Friday 11 am last week.
By the way the 3 month copper price as I post is USD$9089 or circa AUS$13,770, look at last Fridays 3 month contract price. A big rise over the last month. Work it out yourselves! It's over the magic USD$4/lb. Look at the Copper price 6 months ago let alone 12 months ago. LMS is a copper play first.
Looks like its increase, see link below.
https://www.mining.com/web/copper-hits-new-11-month-high-with-global-rate-policy-in-focus/
Cheers,
HR
Strictly my opinion, no advice given or intended. DYOR.
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.445M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 53805 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 53805 | 0.120 |
2 | 86000 | 0.115 |
1 | 4500 | 0.110 |
5 | 233000 | 0.100 |
1 | 6000 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 25000 | 1 |
0.130 | 64133 | 1 |
0.135 | 81239 | 2 |
0.140 | 64924 | 2 |
0.175 | 149250 | 1 |
Last trade - 10.04am 04/09/2024 (20 minute delay) ? |
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LMS (ASX) Chart |
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