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?
My guess would be an opening bid of around $A3.40 - $A3.50 per...
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 (20min delay)
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Last
$1.75 |
Change
0.000(0.00%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.75 | $1.75 | $4.24K | 2.423K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18672 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 287 | 1 |
View Market Depth
| Last trade - 11.12am 19/06/2025 (20 minute delay) ? |
| LGL (ASX) Chart |