I cannot disagree more ......look at Galaxy Resources ....when the share consolidation was done the shares were trading at about $2.40....yes they did dip considerably but this was due to unscrupulous fundies shorting the stock down to $1.75 ...where many retail investors piled in.......well today Galaxy is currently trading at $3.05 ....75% above its recent low only 2 months ago.........Nd Pr is in short supply and fundamentally cannot see a reason for any negativity longer term , except that massive debt which they are addressing continuously currently.
Share Consolidation is coming, page-74
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |