That's manifestly untrue. Throughout February the SP was very healthy and touched 10 cents (if only for a few brief moments).
Granted since then it has been a stead march downwards. Clearly the market believes the stock was over bought and is bringing it back down to reality. The question is what happens to the SP once the JORC drops and an announcement on the lithium project in Brazil happens.
I might be stupid for doing it, but I'm holding everything I own and waiting for these announcements.
LRS General Discussion, page-112
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Last
23.0¢ |
Change
0.010(4.55%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 21.5¢ | $814.2K | 3.653M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 12851 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 266698 | 12 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
23.0¢ |
Change
0.010 ( 3.28 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 23.0¢ | 21.5¢ | 1499126 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| LRS (ASX) Chart |