I have been a long-term holder of LCR and I keep my hand in the grapevine of where the "smart-money" is going. And LCR is one of those stocks that is currently and will continue to be heavily supported by multiple institutional brokers.
From a TA perspective. Although there was a very large spike, you have got to look at the long term resistence line, which falls strongly around 5-5.5cents and therefore it will take some doing, but we will break through. It is just small caps are very much out of favour in the market at the moment, so it takes some convincing for investors to put their $$ in speculative stocks when they basically are getting a free-ride up in the blue-chips.
Lots of good news here - although it was expected, it is nice to see some solid results.
Put ICG and SIR out of you minds. LCR is a different beast that will not dissapoint over the next 12months.
I have been a long-term holder of LCR and I keep my hand in the...
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Last
3.3¢ |
Change
-0.002(5.71%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.3¢ | $4.504K | 132.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 568965 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 119999 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| ZEO (ASX) Chart |