LGL lynch group holdings limited

hold your lgl accumulate now

  1. 1,088 Posts.
    ok its obvious 3.68 - 3.70's is its short term support

    dont get scared


    CNBC reccomended it on tonights show as a $5, 2008 target

    3 bullish reasons i see.

    by the end of the month 2 - 3 weeks away

    fundies will buy the current market up when they get back from holidays as its been the way for the last 11 years and will co-incide with a speculative bull run from a fed rate cut end of jan

    boost liquidity

    xao 6500-6600 target and move towards march 6800 doubletop

    will add 30 cents to LGL

    Gold to gain more momentum from a speculative rate cut of 0.5%

    if it happens we could get $925 gold which is $80 + 846
    fibbonaci

    = another 30 - 50 cent gain

    3rd reason

    LGL might this time release a better report than the last quarter on production figures and higher profits from an unhedged gold book

    more bullishness will cause euphoria and press headlines

    should get to $4.50 - $5 psycholgical target

    uncharted territory

    we need all three reasons to succeed

    good luck holders

 
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(20min delay)
Last
$1.75
Change
0.000(0.00%)
Mkt cap ! $213.6M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 607 $1.65
 

Sellers (Offers)

Price($) Vol. No.
$1.76 372 2
View Market Depth
Last trade - 16.14pm 20/06/2025 (20 minute delay) ?
LGL (ASX) Chart
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