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3.90%

37.0¢ larvotto resources limited

it's easy to say in hindsight

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davidle

6,717 Posts.

128

09/09/24

13:44

Post #: 75592701
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Originally posted by wishlist: ↑

The problem with your thinking is we have gone from .40s down to .30s a few times so if you sell 400,000 shares at .40s and buy back in .30s lets say you save yourself .08c x that by 400,000 3 times so far and you have made $ 96,000 now minus 50% and you have now got $ 48,000 to buy more shares not to mention if you increased your holding each time that would change it again.
With our new investor that too won't change much, these sort are long term and that is what will change LRV but short term the market will give opportunity to those sitting on the side.
Unless we have better than average news out we won't hold these prices the volumes already indicate that, like the market slowing so will we but the upside is many off us have a large buffer and a great stock to be holding.

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it's easy to say in hindsight

LRV Price at posting: 36.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 37.0¢		Change -0.015(3.90%)		Mkt cap ! $117.7M

Open	High	Low	Value	Volume
39.5¢	40.0¢	37.0¢	$793.4K	2.046M

Buyers (Bids)

No.	Vol.	Price($)
7	194298	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
38.0¢	24235	4

View Market Depth

No.	Vol.	Price($)
4	110542	0.370
9	428672	0.365
4	116877	0.360
4	139211	0.355
7	147619	0.350

Price($)	Vol.	No.
0.375	8000	1
0.380	25320	4
0.385	41473	4
0.390	69636	3
0.395	244204	6

Last trade - 14.25pm 27/09/2024 (20 minute delay)

LRV (ASX) Chart