It's a market-wide pullback because of the Gamestop fiasco
If you know feb results will raise the sp the most logical thing is to keep calm and buy the dip.
LRS is fundamentally undervalued given their strategic mine values even if they do NOTHING with it. Tesla literally just announced they're running low on cells and material which means they will be forced to diversify their supply chain. With other old school automakers wanting to take a piece of the EV pie unless all 3 mines are duds (which historically, is unlikely), 20c is still within the horizon by end of year
DYOR. IMO only. This is NOT financial advice.
It's a market-wide pullback because of the Gamestop fiascoIf you...
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $419.9M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 15.0¢ | 13.0¢ | $1.102M | 7.740M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 293297 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 453674 | 8 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |