Will be interesting to see what plays out over the rest of the week, thought we had found a base but the decline has steepen once again and on increasing volume is never a good look.
Can't imagine the SP suppression is going to stop. I'd say a few people got real spooked this morning with the sharp drop to 19.5c.
Wouldn't be surprised if we open each day with a good ol tree shake. Each day news doesn't drop, people are going begin to sit more and more on the fence, moreso those that recently just joined as well.
But looking at the chart, there is clearly no positive outlook right now.
LRV chart, page-283
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Last
47.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $159.5M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 49.5¢ | 47.5¢ | $1.119M | 2.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81338 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 9956 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LRV (ASX) Chart |