Well I hope you’re right @Trader_90. I was trying to be a little conservative especially given LMG management’s history of frequent delays. There could be some FOMO excitement in the lead up to magnesium production. Or it could come after production begins and then even further share price gains once commercial success is proven. That’s why I’m loading up now while the share price is so cheap. Getting as much as I can at a good price then wait for $50k plus for every pip rise above 10 cents. Six months isn’t very long to wait for potentially a very large payoff
Either way, 2024 is looming as a pivotal year for LMG
Jasp
Well I hope you’re right @Trader_90. I was trying to be a little...
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Last
5.0¢ |
Change
0.001(1.02%) |
Mkt cap ! $95.84M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.1¢ | 4.9¢ | $43.78K | 875.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 242144 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 206594 | 2 |
View Market Depth
| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
4.9¢ |
Change
0.001 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| 5.1¢ | 5.1¢ | 4.9¢ | 408938 | ||
| Last updated 13.29pm 03/05/2024 ? | |||||
| LMG (ASX) Chart |