Can't really answer the question, wouldn't answer it if I could, would be too busy making mad piles of cash.
Here's the two sides of the argument:
Factors pushing share price higher:
- 30m shares ready to buy at 2c+, steadily being replenished as sellers hit them
- Expectation of a maiden JORC at any moment (it was supposed to be released in October)
- Many would say the market cap is too small for what we have (I'm unsure of this, but it has been said a lot).
Factors pushing share price lower:
- LIT still probably hold 60m that they could dump at any moment
- Still some months away from announcements about feasibility studies, which means share price can drift lower in absence of news.
- Many have said the dilution hasn't kicked in yet. I disagree, and think said people don't understand what dilution is. But we might see people selling their new shares they receive. Given they were bought for 1c, there could be quite a bit of volume that is sold for a quick profit.
Figure out which side you think will win and it will tell you what to do. Good luck!
- Forums
- ASX - By Stock
- LPD
- Back to 2cents
Back to 2cents, page-199
-
- There are more pages in this discussion • 45 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 LPD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $25.76M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $4.712K | 1.904M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
77 | 65463945 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 79742479 | 44 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
76 | 65213945 | 0.002 |
105 | 245426673 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 79742479 | 44 |
0.004 | 39422814 | 46 |
0.005 | 14550066 | 16 |
0.006 | 4150999 | 9 |
0.007 | 2277188 | 7 |
Last trade - 12.40pm 02/10/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |