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2.33%

4.2¢ lucapa diamond company limited

Well, seems you have not been following posts on this subject,...

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Bagman22

9,397 Posts.

1344

19/09/16

16:19

Post #: 19260695
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Originally posted by irynka ↑

In my previous post I mentioned that at the first time last Friday a relatively strong support area between 32.5-33c was broken. Based on a trader tactics it was a signal to sell but being by the nature a trader this signal was not taken by my consideration for a relatively large holding (4 parcels of shares) as I invested in this stock.

With today's stock price action a relatively big volume was traded just for 2 hours of trading and the SP has reversed what is called by a false break for the corresponding chart behaviour. Usually this happens when big shareholder on some reason manipulate the stock price initiating stop losses execution and picking up shares at a cheaper price.

So in the current circumstances taking significant fundamentals in the company there are only 2 scenarios:

- whether there is a selling by a big holder on some reasons (unknown to the market) or

- a big holder is deliberately playing a game what is more realistic taking the fundamentals of the company.

irynka

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Well, seems you have not been following posts on this subject, otherwise you'd know that your option 'A'
is currently a shade of odds in the HC betting market.
B22.

LOM Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 4.2¢		Change -0.001(2.33%)		Mkt cap ! $12.18M

Open	High	Low	Value	Volume
4.1¢	4.2¢	4.1¢	$4.94K	120.3K

Buyers (Bids)

No.	Vol.	Price($)
1	7500	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	138576	3

View Market Depth

No.	Vol.	Price($)
1	50000	0.040
4	497871	0.039
1	60000	0.037
2	123111	0.036
3	381414	0.035

Price($)	Vol.	No.
0.043	138576	3
0.044	112000	1
0.045	38400	2
0.046	181600	2
0.047	124900	2

Last trade - 11.21am 11/10/2024 (20 minute delay)

LOM (ASX) Chart