Yes, daytraders need to exit, that's their mode of operation.
With LCY being worth well north of $0.35; quite possibly even double that, regular holders will find as the market becomes fully aware of what is going on at Mt Bevan, Hamersley, Robertson Range & the NMDC deal there will be a re-rating.
Of course there is risk; ... until the price is made public and secondly not until the deal is complete is value fully achieved.
However, even over the next 2 or 3 weeks it would be reasonable to expect a much higher price than today's day trader's quick profit / exit price.
Today is a day to celebrate the beginning of something very big. 60 days or less to complete this first stage of building a very significant miner. Congratulations to Legacy management, directors & key shareholders.
Rewards come to the patient stakeholders.
Great chance for investors while short term holders are taking their profits. We may also see some serious volume trading activity too - over the next month or so.
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.2M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $1.82K | 140K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1035607 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 75448 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1035607 | 0.012 |
5 | 225515 | 0.011 |
2 | 200000 | 0.010 |
1 | 41253 | 0.009 |
2 | 190000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 75448 | 1 |
0.014 | 200000 | 2 |
0.015 | 430000 | 5 |
0.016 | 560790 | 5 |
0.017 | 64931 | 2 |
Last trade - 15.21pm 28/08/2024 (20 minute delay) ? |
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