LMG 0.00% 3.7¢ latrobe magnesium limited

Ann: LMG executes upgraded USA Distribution Agreement, page-33

  1. 719 Posts.
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    I actually meant it as a joke but here we are.
    7.6c
    I feel like how Mike Burry felt in in The Big Short when all logic said the prices should be rising but they keep doing the opposite.
    It’s a real head-scratcher to me.
    Good announcement and then barely a ripple.
    l really don’t understand why the share price isn’t rising. But on the other hand, it has allowed me to accumulate a few more shares at bargain prices.
    This year will be loaded with big price-sensitive announcements and eventually the dam wall will break and we’ll see a major stock re-rate to the positive imo
    In the meantime I’ll keep accumulating


 
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