It’s time to put my money where my mouth is. That which I can afford to lose anyway.
I think at today’s level, LOM is a trade, so I bought 200k at .046 for trading only.
It’s not about averaging down, which it would be, it’s about searching for value in the market and finding stocks with potential catalysts for positive change, which has been working pretty well for me lately.
I don’t do charting, particularly here as it’s been at record lows consistently for the last couple of years.
But when I look for a trading stock, I look at cash required in the near term, which we no longer need and events which are catalysts for a rise, which is the kimberlite campaign.
They’ve commenced at L31, which tbh I’m not overly confident about, but will get through at least another 4 after that before the end of the season.
A good strike at any of them could see a good return.
Anyway, best of luck to all, let’s see how this goes. Feel free to take the P155 if I get it horribly wrong.
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Last
4.3¢ |
Change
-0.001(2.27%) |
Mkt cap ! $12.47M |
Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 4.3¢ | $3.986K | 92.70K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.041 |
2 | 324000 | 0.040 |
1 | 77958 | 0.039 |
1 | 45446 | 0.038 |
2 | 113000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 10000 | 1 |
0.044 | 39645 | 1 |
0.046 | 145000 | 1 |
0.053 | 150000 | 1 |
0.055 | 8000 | 1 |
Last trade - 10.29am 06/11/2024 (20 minute delay) ? |
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LOM (ASX) Chart |