Relax mates, if you buy in high in lgl and get stuck but can afford to ride the storm you won't have any problems at all.
There is no way the US dollar to stay at it is for long, you have to remember the US economy is not in a good shape and there are more problems coming with the credit crisis there and there is a big chance the dollar is heading lower again.
It looks there are a lot of shorts out there on LGL but in time they are going to get burnt.
LGL is a great company any lower than it is there maybe a corporate ply.
The Chinese economy is still ok there will be still demand for oil so with oil still around $100 there is a good chance gold will stay high, interesting article from bloomberg where they believe the chinese as a matter of fact is going to spend so much in building infra structure such as railway,ports,highways ect so demand for oil iron ore and other commodity should stay strong, they are the only one that has foreign reserve of 1.8 trillion dollars they will have to spend the money for the communist government to stay alive.
Cheers everyone in LGL in the long run it is a great buy at this price.
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Last
$1.55 |
Change
-0.010(0.64%) |
Mkt cap ! $189.2M |
Open | High | Low | Value | Volume |
$1.56 | $1.56 | $1.55 | $33.19K | 21.30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 221 | $1.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.56 | 14685 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 221 | 1.545 |
1 | 1480 | 1.540 |
1 | 1000 | 1.415 |
1 | 7092 | 1.410 |
1 | 15000 | 1.400 |
Price($) | Vol. | No. |
---|---|---|
1.560 | 14685 | 1 |
1.580 | 11000 | 1 |
1.590 | 50000 | 1 |
1.850 | 1146 | 1 |
1.880 | 100000 | 1 |
Last trade - 15.57pm 02/09/2024 (20 minute delay) ? |
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LGL (ASX) Chart |