Is there a reason why the market doesn't read PFS and DFS? It seems counter intuitive to me that selling pressure is expected.
I would have thought that a DFS or PFS would provide confidence that things are on-track and as well as confirm the magnitude of the resource.
I get that the SP moves up on news of an announcement and a sell down can sometimes happen after an announcement, albeit being a positive one so I am not surprised by a down movement.
Perhaps the the reaction would be different if LTR was not a junior miner?
Is there a reason why the market doesn't read PFS and DFS? It...
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Last
77.0¢ |
Change
-0.020(2.53%) |
Mkt cap ! $1.867B | |||
| Open | High | Low | Value | Volume |
| 79.0¢ | 79.5¢ | 76.5¢ | $7.899M | 10.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 49526 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 386841 | 12 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |