Previous market reactions, if 19 and 20 are the best drilled so far than I would assume the SP would bounce somewhat. from 7c to 10c is about a ~40% jump so it wouldn't be unheard of for LRS, perhaps a more realistic target would be 8.5C? ~20% jump in SP, Either way things are looking up, we have assay results for hole 19 and 20 coming along with other ann's, not to mention inflation possibly showing signs it has peaked when the US inflation data comes out on the 13th? means central banks will be a bit more dovish. It may not get to 10c when holes 19 and 20 come out but IMO the short to medium term future looks bullish, strong support now in the 6.8-7c range and in terms of TA we have now broken the falling wedge pattern since we peaked at 22.5c. anyways this is all IMO DYOR
Previous market reactions, if 19 and 20 are the best drilled so...
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $545.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.0¢ | $849.8K | 4.308M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 499534 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 2553 | 1 |
View Market Depth
| Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
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Last
19.3¢ |
Change
-0.005 ( 3.75 %) |
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| Open | High | Low | Volume | ||
| 19.8¢ | 20.3¢ | 19.3¢ | 1053808 | ||
| Last updated 15.59pm 19/04/2024 ? | |||||
| LRS (ASX) Chart |