Hi rebel1,
I don't have answers to many of your questions however if one looks at a long term LGL chart it indicates an all-time high SP of $4.45 in October 2007. Now I realise that the POG is higher than it was then however the world is a very different place too. Talk of gold reaching $2000 or even $5000 oz is just the stuff of fantasy at this point in time ;)
Peronally I believe LGL has for some time been trading below value however that changed this week & I now see it as fairly valued. How much more is another company prepared to offer, I don't know. We'll have to wait & see I guess.
Good luck all, this is at least going to make for interesting times ahead.
nistrams
shorters list a big ouch, page-9
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Last
$1.46 |
Change
0.055(3.93%) |
Mkt cap ! $177.6M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.46 | $1.42 | $5.837K | 4.045K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4274 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LGL (ASX) Chart |