LPD 0.00% 0.3¢ lepidico ltd

lpd share price, page-241

  1. 4,368 Posts.
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    Thank for your chart -@Sharpey the SP is looking better to me after yesterday's action!

    I think this little dip was only caused by -​


    1 - The normal end of FY June 2018. Pressure on SP - DOWN​

    2 - Weak hand needing to sell for cash flow purchase. ​
    Pressure on SP - DOWN
    3 - Others holders - ie bigger players taking advantage of the lower share direction [down] and selling into it so as to buy back at a lower price this gives more ​
    Pressure on SP - DOWN
    4 - Buyers waiting for the 1st of July before buying any further stock. - Less buyers Pressure on SP - DOWN
    5 - Bigger Shareholders knowing the direction of SP is down sell some of there holding to book profit and perhaps buy back more at a lower price!
    5 - Delay of news flow!

    Monday will be interesting being the start of the new FY - we may see the SP starting to move forward during the month of July 2018.

    Like I mentioned in a previous post - these are the time to be adding to your position or buying into the stock. DYOR

    Happy investing - be patient!!!
 
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