LGL 2.82% $1.46 lynch group holdings limited

This stock burns me. Im going to give it one last chance by...

  1. 1,088 Posts.
    This stock burns me. Im going to give it one last chance by monday if gold is above 950 and cracks 960 with confidence, LGL should gap up or finish strong to end this week above the 3.46 minimum supportline. If not then it looks like it will not reach 3.63 until gold is near $1000. This is pathetic and must be lacking alot of buying interest due to its merger with EQI. I hold EQI and am peed off about this merger because EQI would be much higher today independently trading at a much higher premium i think around the 4.80 - 5.00 area. LGL is just a dissapointing frustrating stock. I will never hold this as a long term play again as it will alays trade sideways for the years it has and the years to come. It really is a headache for a bluechip top ASX50 company. Anyone recommend another top gold top 100 long term hold without the headache LGL gives
 
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Last
$1.46
Change
0.040(2.82%)
Mkt cap ! $178.2M
Open High Low Value Volume
$1.46 $1.46 $1.46 $2.411K 1.654K

Buyers (Bids)

No. Vol. Price($)
3 7668 $1.38
 

Sellers (Offers)

Price($) Vol. No.
$1.46 13445 1
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
LGL (ASX) Chart
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