Given the interest this stock seems to be getting at the moment I thought it would be good to have a thread which summarises LSR's details. I brought last week on the break of the resistance of the consolidation band and are more of a chartist so if someone else can add details of the company's fundamentals to this thread too that would be great.
Company Summary
- Gold explorer with drilling commenced in mid March 18 after some good hits late last year. Current drill results expected in April 18 with more drilling in June 18
- Current MC $22m
- SOI 726m, with 120m options exercisable at 3c by 31/10/19
- 20m unlisted options exercisable at 5c by 31/12/18 and 7.8m unlisted options exercisable at 6c by 30/12/18
- Top 20 hold approx 51.5%, including the chairman who holds 26.5%
- Chairman recently brought 3.3m options on market in 3 purchases over Jan/Feb 2018
- Oversubscribed CR done in late Feb 18 for $2.07m @2.3c to fund the drilling campaign
- Mac Equity who did the raising paid with 5m unlisted options exercisable at 5c by 31/12/18 so incentive for them to pump the SP up significantly from current levels
Chart
![]()
- Nice looking chart where SP has consolidated over the last 2+ months between 2.3c and 2.9c with very low volume with a shakeout on 23/3/18 down to 2c on above average volume but closed back within the consolidation band
- Support of the consolidation band has been at the fib 50% retracement level and this has held well with price bouncing back up off it numerous times
- Late last week price broke through the resistance level of the consolidation band at 2.9c and back over the 60SMA on the strongest volume for over 2 months
- Rising OBV
- Rising RSI but not in the overbrought area
- Next resistance is at the recent high of 3.6c and then the 5c resistance from 2016 comes into play
- Todays volume anlaysis 'shows strong buying again
![]()
- Forums
- ASX - By Stock
- LSR Chart & Details
Given the interest this stock seems to be getting at the moment...
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LSR (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.201M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $23.13K | 11.83M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
51 | 95875460 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 61523314 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 88842623 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 60223314 | 29 |
0.003 | 29041274 | 11 |
0.004 | 14183632 | 10 |
0.005 | 9663010 | 5 |
0.006 | 3854043 | 4 |
Last trade - 15.44pm 30/08/2024 (20 minute delay) ? |
Featured News
LSR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online