I think to put into perspective the counter balance for risk right now is would they have hired/leased all that new equipment...you need to answer that one your self, is it a clear signal for managment ML is coming or will it turn out to be a mistake and increase running costs,you have to be honest even if your not warm on LOM its a good sign.Management if unsure would have clearly just waited in anticipation of ML before leasing equipment,in my view as they have done by past history.
I think to put into perspective the counter balance for risk...
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Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $16.24M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.6¢ | 5.5¢ | $47.36K | 820.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 280076 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 116300 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LOM (ASX) Chart |