LGL is going down at a guess imo because multi billion dollar funds that do not own the stock have decided to crush it then cover at the expense of investors who bail out at lows following relentless shorting.
If so, then this has nothing to do with the rising gold price or LGL's increasing profitability.
If so, then it's just another example imo of what is wrong with the markets.
Naked shorting should be illegal, and effectively policed.
To think the integrity of markets were proclaimed with naked shorting made illegal for 19 selectively protected US financial institutions that are part of the ruling elite.
LGL is going down at a guess imo because multi billion dollar...
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 (20min delay)
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Last
$1.84 |
Change
0.025(1.38%) |
Mkt cap ! $223.9M | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.85 | $1.80 | $28.49K | 15.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5714 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 8800 | 2 |
View Market Depth
| Last trade - 10.43am 30/07/2025 (20 minute delay) ? |
| LGL (ASX) Chart |