@stevieg999 I agree the SP is a long way below the true LT value but I can see some lower SP moments before the likely catalyst of Leilac 2 build news or positive FY results.
Shorts seem to be playing a channel with a sell-buy rolling cycle ATM.
The company is very conservative with news which I like but the information gaps allow uncertainty and opportunities to fleece the unwary.
I have been building my position trading the channel and keeping some each cycle. That way when it does change direction I will have a solid foundation for LT.
GLTAH
"GREEN", ONE of the Biggest Investment Chances of the Century?????, page-996
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Last
86.0¢ |
Change
0.005(0.58%) |
Mkt cap ! $156.1M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 88.0¢ | 85.0¢ | $166.9K | 192.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1188 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.5¢ | 13815 | 2 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| CXL (ASX) Chart |