That's very possible Ishi. However Coladuna's point about the opportunity cost of having your capital tied up in LGL which enjoys negligible or negative capital gains while other resource stocks are up 5% a day, is excruciating. As an example, MGX jumped 10% and AIO 20%+ yesterday (and no I don't hold either of these).
Market should give you plenty of warning before it tanks. Smart cookies should be quick enough to make the switch from risk stocks to goldies when that happens.
I have burnt my fingers on LGL as well, and won't be going back in until sentiment changes. And that maybe in 1-2 days time but I am not waiting for it.
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Last
$1.80 |
Change
0.000(0.00%) |
Mkt cap ! $219.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5714 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 12500 | 1 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
Day chart unavailable