I am with you on this one of the strange SP trading in LRS. Cant figure why the SP trades differently to other noted miners.
Often I think the SP is quite bullish in a way whether it ends up in par or a slight loss compared to others. Sometimes the volume traded is down but still quite strong in support after a down sell to retrace for the day. We go down by 1/2c or 1c compared to multiple cents to others but on other days traded is restricted to go anywhere. Take today for instance 11M traded so far in about 21/2 hrs losing 1c with a lot of support at 15c.
Continuing to buy at these bargain prices.
Something has to give soon as I still see that LRS is still an advanced project in development stages and heaps of good news to come before mid year as a low cost future producer.
LRS General Discussion, page-16565
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.3¢ | $785.0K | 6.264M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 94165 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 779201 | 11 |
View Market Depth
| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |