The price action is quite normal for now and with the capital raising price at 14cents explained the price action the last month. The price dropping from 20 cents to 12 cents is a powerful play by the market movers. $20M capital raising is easier to justify capital injection by the majors at 14 cents premium than at 18-20 cents. If history does rythmes, shortly after AGM and IGO notice of substantial holding as part of joint agreement in late 2019, LEG announced massive find. The modus operandi of this management team is relatively easy to follow. If the next annoucement is about another massive find, just follow the MO.
On another note, the stochastics is showing oversold and creeping up so should expect some buying soon. Price will increase on any positive annoucement from LEG.
Have a good week ahead.
The price action is quite normal for now and with the capital...
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $34.89M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $2.429K | 202.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 750406 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 263465 | 4 |
View Market Depth
| Last trade - 15.59pm 19/06/2024 (20 minute delay) ? |
| LEG (ASX) Chart |