How do you factor in FA with your TA? It looks to me as though you aren't even taking FA into consideration. If you purely look at the chart without considering the reasons why the SP is undergoing such a significant rerate, then you're not really performing a proper analysis.
At $50m market cap the market had not factored in any chance that we had top quality lithium assets or that we could successfully explore them. When we suddenly found green crystals, the market woke up and realised the value in LRS.
Looking purely at a chart tells you nothing about the underlying assets and the value which the market places on them.
How do you factor in FA with your TA? It looks to me as though...
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Last
17.5¢ |
Change
0.020(12.9%) |
Mkt cap ! $489.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.5¢ | 16.0¢ | $1.647M | 9.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 1321031 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1960000 | 44 |
View Market Depth
| Last trade - 15.39pm 11/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |