I think that it is largely negative sentiment holding the stock back at present rather than anything more sinister.
The negative sentiment has been created mainly by the Ballarat operation creating a black cloud over the stock.
However I see three positives on the horizon. They are,
1) The actual sale of Ballarat when it happens and the money they get for it in the bank.
2) Obviously the Ivory Coast progress report which is due late July (now?)and is bound to be favourable.
3) Confirmation of this year's production at Lihir Island which company guidance states will be a record 1.04-1.2 million ounces
A bit of patience required, but LGL will be rewarding in the coming weeks and months.
I'm staying in
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I think that it is largely negative sentiment holding the stock...
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Last
$1.75 |
Change
0.000(0.00%) |
Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
$1.75 | $1.75 | $1.75 | $264 | 151 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 607 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.75 | 1096 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 607 | 1.650 |
1 | 100000 | 1.515 |
1 | 393 | 1.500 |
1 | 447 | 1.120 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
1.750 | 1096 | 1 |
1.760 | 287 | 1 |
1.785 | 5000 | 1 |
1.790 | 11331 | 1 |
1.800 | 1880 | 1 |
Last trade - 10.04am 18/06/2025 (20 minute delay) ? |
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LGL (ASX) Chart |
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CODEIFAI LIMITED
John Houston / Martin Ross, Executive Chairman / COO
John Houston / Martin Ross
Executive Chairman / COO
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