True Oscar09, no one is making any great profit at these price...

True Oscar09, no one is making any great profit at these price levels no matter how far back one goes to 2015-16. Many of those holding sub 1 cent would have taken advantage of the rise to 7c-8c back in late 2017/18. This is now verging on panic (not only for LPD but globally), it's becoming irrational - the vast majority making big losses.


I'd like to remind Dom74, a 'pip' at this level is is close to a 10% (9.09%) loss, and becomes a much larger as it approaches lower levels. So flipancy doesn't help.
Global markets need to do some more churning to consolidate these falls, 10% or thereabouts, of the last week. I would not be surprised to see a 25% to 30% all ords recoupment of the ground lost (180 to 200 points) - probably next week. Mainly short sellers covering their open positions.