If you expect the stock to open down 6c at around 8c why would you put in a bid for $25000 as a sophisticated investor. Doesn't make sense. I have no idea at what price the stock will open on Friday. Could open 8c could go to 20c. There could be some new announcements on Friday that will boost the stock. Those that jumped out at the 2c capital raise because the stock was supposed to tank were down 6 bags on Friday. It's high risk it might tank but if they can pull it off its going to go up massively. Locals are even talking about it in the Latrobe Valley wondering how it will impact them.
LMG Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
