Share price tanking?, page-43

I think LRS is a bit oversold. I was sure it was going to move back to 1 cent after they announced the placement price and was pretty happy when my order got filled at 1 cent. It's a little disappointing to see the sp at 0.8 cents but I don't think this is anything out of the ordinary. I think we all know a sp will often fall to, or just below, a CR or placement price. I don't think the 35 million shares traded on Friday is really that significant when you look at how many shares were traded just prior to the placement.

Could still go either way. Some holders will be sitting on pretty big loses and if they have stop losses in place it may fall further. Hopefully we see some support on Monday and the sp moves back towards 1 - 1.2 cents this week. In my opinion it's a good buying opportunity at the moment and I'm holding onto my shares.

Good luck to all!