What management need to do is talk to some very deep pockets to...

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PL24682468z

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06/03/24

02:14

Post #: 72762291
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Originally posted by danhoff: ↑

PVM have shown their hand; they are sellers in the mid 8s and buyers in the mid 7s; the entire market is taking that lead; if fact, I think the entire market are not buyers at all, as they think there is an 8 cent cap; so why buy at 7.5 cents when the washers will not let it go beyond the low 8s; the best you can hope for is 10% gain over 6 months or so, but there is risk; LDX is a high risk company right now (I dont think so, but Mr Market will think that - the washers have put the fear of God into any buyer); any real buyers need to be really, really convinced; and on top of that there are not sellers in the market; the washers are creating quite the stalemate; they just hope the retailers will dump, bit by bit, out of sheer exhaustion (and they likely are... bit by bit)

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What management need to do is talk to some very deep pockets to buy up and burn these brokers and instos holding the price down in the 8s and up.
Put together a pump syndicate with articles and news to squeeze them out with surprise imo.

Last edited by PL24682468z: 06/03/24

LDX Price at posting: 7.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $20.21M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.6¢	$24.66K	945.4K

Buyers (Bids)

No.	Vol.	Price($)
3	315442	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	1463859	3

View Market Depth

No.	Vol.	Price($)
3	315442	0.026
10	1316132	0.025
1	1238229	0.024
1	40000	0.023
2	523000	0.022

Price($)	Vol.	No.
0.027	1463859	3
0.028	190000	1
0.029	77542	2
0.030	221800	1
0.031	309	1

Last trade - 15.59pm 24/06/2025 (20 minute delay)

LDX (ASX) Chart

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