Yes, correct.
While there is some support from 5-6c earlier in the year, that earlier gap at the start of the run is always a point of interest.
I have previously done a calculation on shareholder equity being around 7c which I thought would help keep the SP around there, but sadly gaps seem to have a habit of being closed. While I hope this isn't the case, given time it is always a possibility.
For now 5c looks like the next support before news possibly this Thursday.
LDX Chart, page-24
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Last
5.5¢ |
Change
-0.002(3.51%) |
Mkt cap ! $26.47M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.5¢ | $68.07K | 1.227M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6248 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 169491 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
-0.002 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| 5.7¢ | 5.7¢ | 5.5¢ | 425724 | ||
| Last updated 15.33pm 26/04/2024 ? | |||||
| LDX (ASX) Chart |