Sentiment changes quickly with these penny stocks. Take a look back at the LRS chart for 2021. The SP can regularly halve within the space of 2 trading weeks, but it can also double in similar timeframes.
Timing is important in terms of SP, but even at 7.1 cents I think you'll be laughing later this year (IMO but you should DYOR).
Arguably, if you thought 7.1 cents was good value then anything in the 5's would be a bargain. (IMO, DYOR).
LRS General Discussion, page-1273
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 (20min delay)
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $658.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 22.5¢ | $1.817M | 7.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 404558 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 460997 | 12 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 4.39 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 24.0¢ | 23.0¢ | 2838546 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LRS (ASX) Chart |