Considering that with gold at 1070 when offer announced at Easter time LGL jumped t0 $4.07 - we wre now trading at $4.07 with the gold price some $160 an ounce higher.
LGL remains considerably undervalued and underbought relative to the gold price.
i wouldn't be surprised if Anglo or Barrick is lining up a bid in the $4.30 - $4.50 range considering the strength in gold and LGL's assets largely not being subject to the miners tax issue - at $1500 gold a takeout in the $4.30 - $4.50 range would be an absolute steal...
- Forums
- ASX - By Stock
- is there another bid?
Considering that with gold at 1070 when offer announced at...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LGL (ASX) to my watchlist
|
|||||
Last
$1.43 |
Change
-0.060(4.03%) |
Mkt cap ! $174.5M |
Open | High | Low | Value | Volume |
$1.43 | $1.43 | $1.43 | $290 | 203 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12686 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.46 | 1490 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12686 | 1.400 |
1 | 250000 | 1.350 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
1.460 | 1490 | 1 |
1.480 | 4280 | 1 |
1.490 | 11000 | 1 |
1.560 | 17885 | 2 |
1.700 | 1146 | 1 |
Last trade - 15.55pm 06/09/2024 (20 minute delay) ? |
Featured News
LGL (ASX) Chart |