New TA/Charting, page-2254

After reading a lot and with high exposure to Italian news, being a dual citizen of Italy and Australia, IMO Australia will do a lot better in terms of virus spread out thanks to its geographical isolation. Firstly you can close the border effectively and secondly you can close the intrastate borders hence each state will be an island inside the island making it impossible to the virus ramping up. With NT and TAS already taking action it seems we are heading towards the right direction. We only need a gov to take bolder and faster steps and it will play out well for LTR in this scenario.

So in this financial turmoil where do you put your monies?

Well, one view is to buy commodities which is something that the world will still need to go ahead even at idle speed. When you buy LTR you put your monies indirectly into a commodity which world will be short of at some stage ta very cheap price especially when you look at it from a USD EUR stand point. At today exchange LTR market CAP is 66M USD and 57MEur. On top the balance sheet it is still clean and unencumbered.

with my entry SP 0.85 is it the time to average down arrived?

IMO IMO IMO