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
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.06M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.0¢ | 4.9¢ | $20.38K | 416.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 464690 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 672662 | 2 |
View Market Depth
| Last trade - 15.31pm 10/05/2024 (20 minute delay) ? |
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Last
4.8¢ |
Change
0.000 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| 4.9¢ | 5.0¢ | 4.8¢ | 61438 | ||
| Last updated 14.14pm 10/05/2024 ? | |||||
| LDX (ASX) Chart |