My guess would be an opening bid of around $A3.40 - $A3.50 per share. Very opportunistic but the bidder would argue about future uncertainties in the global economic quagmire; the POG; production costs, forex and sovereign risk in Africa to justify. Then comes the $A3.80 - $A4.00 reconsideration.
Still too low, the bid fails and LGL returns to trading in the $A2.50 - $A3.50 range.
How's that for a scenario?
barrick looking for oz's - lgl gets a mention, page-4
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.80 |
Change
0.000(0.00%) |
Mkt cap ! $219.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5714 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 12500 | 1 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
Day chart unavailable