You are right, if results are good they are normally shouted from the rooftops. There's plenty of good land here though so I disagree with people who consider this a one trick pony.
It's easy for us to get excited and want results instantly but the reality in spec mining is that it sometimes takes a fair bit of time. Has anyone spoken to management about their concerns? I have not but would be curious to hear if anyone has.
My main concern with spec miners is if they're just getting down to work and chugging away doing what is needed to progress the business, not the share price. I find it's actually the opposite when companies focus too much on the share price instead of the fundamentals which will naturally bring the share price in line over time.
So far in my opinion I have not seen any red flags in the way this is run.
- Forums
- ASX - By Stock
- LLI
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LLI (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
-0.025(20.0%) |
Mkt cap ! $9.273M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 10.0¢ | $38.80K | 362.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 69474 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 9000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 69474 | 0.100 |
1 | 31000 | 0.096 |
5 | 138221 | 0.090 |
1 | 300000 | 0.051 |
1 | 500000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 9000 | 1 |
0.125 | 55000 | 1 |
0.130 | 50000 | 1 |
0.140 | 145496 | 4 |
0.150 | 30384 | 2 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
Featured News
LLI (ASX) Chart |