LMR
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0.00% 5.7¢ lemur resources limited

News: Lemur Resources is valued at $8 million and has $15 million cash, page-4

  1. strauss
    22,120 Posts.
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    31/07/14
    21:59
    Post #: 13750634
    Saw Vanguard dump about 100M RDR below 2c when cash was 2.5c

    saw some unknown seller dump millions of GBE mid 2s despite cash being 5c


    the only certainty is once the seller is done the bounce back is very quick and big and overshoots the cash backing

    RDR went to 4.5c
    GBE went to 7c

    this is why I have a 12c target for LMR
    LMR Price at posting: 4.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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