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3.33%

14.5¢ latin resources limited

Keep in mind they have been trying to push it down since under 1...

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RMstocktrader

843 Posts.

425

02/06/21

13:01

Post #: 53591281
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Originally posted by dawgfather: ↑

Having been a holder as the SP went from 10 cents back to 4.5 cents during March, my only advice is that you have to look at SP and market reactions in a different way.

The basic method of just saying "announcement drops, SP goes down - therefore announcement must be bad" - is of no use.

What I've personally learned is that SP and business fundamentals are two very different concepts (and SP does not always correlate at the same time with business fundamentals).

LRS has fantastic fundamentals, has only had good announcements in 2021, and is likely to continue this trend with good prospects in the 2nd half of 2021. (Lithium Gold and Noomb updates to come).

So if you think the business is sound financially and with it's mineral deposits then look for a price you think is a bargain and put your money where your mouth is.

I'm currently averaged at 5.8 cents. I'm very exposed (in my overall portfolio to LRS), but will be looking to buy more if the SP gets to 5.8 cents or below.

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Keep in mind they have been trying to push it down since under 1 cent ... Less than a year ago. Lol.

This is going to pop and pop hard. Be prepared.

LRS Price at posting: 6.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 14.5¢		Change -0.005(3.33%)		Mkt cap ! $426.9M

Open	High	Low	Value	Volume
15.0¢	15.3¢	14.5¢	$460.2K	3.076M

Buyers (Bids)

No.	Vol.	Price($)
53	1953443	14.5¢

Sellers (Offers)

Price($)	Vol.	No.
15.0¢	760870	25

View Market Depth

No.	Vol.	Price($)
54	1985269	0.145
42	2771174	0.140
20	1312563	0.135
16	907654	0.130
10	290828	0.125

Price($)	Vol.	No.
0.150	737151	24
0.155	1098479	16
0.160	1652767	18
0.165	1613331	21
0.170	1357163	25

Last trade - 12.37pm 29/07/2024 (20 minute delay)

LRS (ASX) Chart