The stock has been 26c-31c for a few months , the last major sale was Junefield buying a large line at 28c through the market to take ther holding to about 18% .
For LRS to raise $2m out of the blue at 28 , and in this depreseed market , before the scoping study , is very positive , and shows people with deep pockets like the story .
If anyone wanted to buy even $200,000 on market the stock would be over 40c , so in my opinion that is the reason for the enthusaism , or "pop " statement .
The research note out this week with 53c current value was positive .
Looking forward to the scoping study because from a non mining persons point of view it all sounds great but it is hard to understand just what 2b tonnes at xx % of magnetite , gold, adrusalite , actually equates to in future earnings .
Even more posiitve is someone is buying up all the opps .
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $574.2M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 20.5¢ | $2.300M | 10.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 524382 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 308712 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 324382 | 0.205 |
10 | 3483920 | 0.200 |
7 | 658850 | 0.195 |
10 | 2562070 | 0.190 |
6 | 1331030 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 297604 | 4 |
0.215 | 168763 | 4 |
0.220 | 2148680 | 11 |
0.225 | 1179030 | 5 |
0.230 | 1620242 | 15 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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