NRZ 0.00% 1.3¢ neurizer ltd

Leigh Creek Energy Bidding for Incitec Pivot's Fertiliser Business, page-50

  1. 1,412 Posts.
    lightbulb Created with Sketch. 217
    Yep, by my reckoning the average volume has been ~470k a day (which is roughly $73k a day) - take out 7 trading days where volume spiked over 1.0m, and its down to 390k a day traded. So as you say usual volume is pretty low. The SP though annoying to look at from a personal aspect,may well not reflect the true implied value of LCK - but it is what it is.

    Though at a further cost, it does allow the ability to average down (depending on your avg) at least should you wish - to be fair, if you think that the LCK proposition has legs and you can see where its headed its, then really you want the SP to remain low to give you time to accumulate. As Pie says above, SP is really inconsequential at the mo assuming you don't need to sell right now. From my understanding LCK has some pretty big plans - will they come off? That's the gamble (and i've bet on some pretty bad horses.....)
 
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