Why would you short at this level, there is every chance that a third party bid will come, there may even be a bidding war for this one, it could go much higher. It could retrace back a little as the war of words between NCM & LGL management get under way, but that is just dressing it up and negotiating. I am hoping for someone like Barrick to get involved as well.
shorts at it, page-79
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Last
$1.50 |
Change
-0.040(2.60%) |
Mkt cap ! $183.0M | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.53 | $1.46 | $11.45K | 7.713K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7050 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 30000 | 1 |
View Market Depth
| Last trade - 14.57pm 29/08/2024 (20 minute delay) ? |
| LGL (ASX) Chart |