While the tax loss selling will end after next week, and LRS likely has its fair share of bag holders, I am not convinced we will see much support until the underlying chemical prices put in a decent base and then increase.
Not convinced releasing DFS or any offtake news into the current market climate will do much for the SP.
This has 2018 - 2020 written all over it and based on that timeline it could be a tough next 6-12 months.
IMO
While the tax loss selling will end after next week, and LRS...
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $496.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.3¢ | 17.5¢ | $521.4K | 2.928M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 2640675 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 955078 | 59 |
View Market Depth
| Last trade - 15.10pm 03/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |