a common scenario of late:
on down days LGL falls a little notcie it hasn't closed below 2.18 in recent weeks.
on up days it surges 8 - 15% eventually catching up within within 10% of NCM's trading range.
for it to surpass NCM it will need gold to outperform copper and other related base metals complex.
when gold tops 800+ again and holds then the break of 2.40 is not far off and i predict a quick surge to 2.70's again. NCM will rise slowly to $30 and hold about there unless there are other developments.
LGL is one that needs more patience and experiences greater volatilaty and quick surges. I'ts a late comer to the party which eventually pars with the other peers but not for long.
a common scenario of late:on down days LGL falls a little notcie...
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Last
$1.48 |
Change
0.045(3.14%) |
Mkt cap ! $180.6M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.48 | $1.43 | $20.86K | 14.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 406 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 1146 | 1 |
View Market Depth
| Last trade - 15.29pm 26/07/2024 (20 minute delay) ? |
| LGL (ASX) Chart |