You used the example of Normandy Mining which increased about 250%:
"before takeover trading at 80c
1st offer price at $1.25
Final takeover price at $2.75"
Just imagine what the LGL share price could be at US$1500 gold. US$2000 gold. US$5000 gold which is still significantly below the 1980 spike high for gold when correctly adjusted for 30 years of inflation.
Dare I suggest that if LGL was allowed to go about its business in this gold bull the price will increase by multiples of 250%.
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 (20min delay)
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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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