Hi Duck,
I did note all of the things that you mention (market cap, etc) and I am aware of the history and the big decline in the share price and resultant shareholder values.
The graph shows that nicely and the beating it's taken is what now makes it so cheap/attractive (good for people buying in now - not so good for people that have held for years).
The thread is named "turnaround story" meaning exactly that: beaten down badly, new Board/Management and new direction and hopefully a good turnaround.
Let's see what happens and yes, I am also looking forward to the drilling; those numbers (384m @ 1.01g/t Au) are ridiculous and the envy of many explorers out there (which are valued much higher than MNC; like STM, etc.).
Cheers,
GB.
(Spec) Gold Turnaround Story of 2018, page-3
-
- There are more pages in this discussion • 583 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.684M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $13.37K | 1.486M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4687449 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 639522 | 5 |
View Market Depth
| Last trade - 12.22pm 27/06/2024 (20 minute delay) ? |
| LCL (ASX) Chart |