A company needs to release news when it is received if it will materially affect the share price and not when they feel the market will appreciate it the most.
You’re now in the fundamental story of a company where you are waiting for company specific updates/announcements and not hype where the share price is on a tear due to other factors such as blockchain synchronisation like end of last year.
If you don’t want to be invested in a company through it’s normal growth then trade technically for breakouts or ride the hype train straight out of IPO.
You need to give companies time to focus on their business and utilise cap raisings/borrowed funds to, god forbid, build their business.
Don’t like the story, there’s plenty of other stocks to be invested in.
LNU Chart, page-353
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.73M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 238921940 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 37001006 | 11 |
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| Last trade - 16.12pm 18/10/2024 (20 minute delay) ? |
| LNU (ASX) Chart |
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