Hate to tell you, but shorts are bugger all here as much as many would like to use them as an excuse.
The underlying product we intend to sell has dropped some 80% or more in the last 15 months.
What do think you happens to a companies SP when that occurs?
Plus 43c IMO was toppy with an MC of over $1bn so far out from production and a lot of hoops to jump through, no surprise it pulled back. Classic lifecycle for a mine
LRS General Discussion, page-16866
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $545.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $2.854M | 14.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 5043406 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 1513140 | 52 |
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| Last trade - 15.13pm 02/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |