LDR's price action tells the real story—this is a classic illiquid, manipulated stock
Fake Spikes, No Follow-Through, Every so-called "rally" on the chart is followed by an immediate sell-off, forming multiple gravestone dojis and long wicks. This is a textbook sign of a lack of real buying pressure, just brief pumps, then dumps.
No Sustainable Uptrend ,The stock has been stuck in a sideways-to-downtrend pattern for months. Every breakout attempt fails almost instantly, showing that smart money isn’t touching this.
Liquidity is a Joke – With such low daily volume, it takes just a small buy to move the stock up, but when someone tries to sell, it collapses. If someone buys A$20,000 worth, the price might spike to 13 cents, but if someone sells 1 million shares, it could instantly drop to 2 cents immediately. That’s not a real market, it’s a trap.
Tasmania = Mining Nightmare , Even if LDR had a real project (which is questionable), developing a mine in Tasmania is nearly impossible. Strict regulations, environmental opposition, and slow approvals make "production this year" a total fairy tale.
The reality? LDR is a low-liquidity trader’s plaything, not a serious investment. If you’re holding this, be ready when the next exit wave comes, you might not get out in time.
LDR Price at posting:
11.5¢ Sentiment: Sell Disclosure: Not Held
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