Well here's hoping it hits 28c as I have an order to top up at this level.
Key for me is, I believe you end up with a minable resource, given the width and grade of 045. The only question is the path to resource definition. Say they are going to drill 50 holes, some will miss, some will be impressive. The order they drill these future holes, will determine the share price path.
It's not often you are in a company (or enter on open after release), where off a drilling result release you think this could be a 10-20 bagger. I have had a similar feeling with SFR, DEG, PDI. But, do your own research.
The short-term movements are all noise. LDR is selling off on low volume, this is exactly what you would expect. Traders who entered earlier in the week are exiting. Some people are being stopped out. Some are getting margin calls, as ASX stocks sell off. Some are worried the US markets may crater and will exit, so they can sleep well over the weekend. If you are not a trader, believe the story and plan to hold long-term. Then the short term movements are irrelevant and any deep dip can be used to accumulate.
Well here's hoping it hits 28c as I have an order to top up at...
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Last
9.3¢ |
Change
-0.005(5.10%) |
Mkt cap ! $9.931M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 9.8¢ | 9.3¢ | $14.14K | 151.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10526 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 40000 | 1 |
View Market Depth
| Last trade - 15.20pm 03/05/2024 (20 minute delay) ? |
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Last
9.3¢ |
Change
-0.005 ( 3.13 %) |
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| Open | High | Low | Volume | ||
| 9.5¢ | 9.5¢ | 9.3¢ | 39578 | ||
| Last updated 14.39pm 03/05/2024 ? | |||||
| LDR (ASX) Chart |