i believe its because LGL is far behind NCM and has not risen so much near the 2.40 band in recent days. It has averaged and about fair value considering gold at $770 and the XMJ and gld index where it is, 2.10-2.30 is about right. wait for gold going past $820 to get LGL cranking 2.40 - 2.70 range. buy at any opportunity.
also beware of the $US breaking 88.
gold seems to be making higher highs just after the $us comes off slightly from new highs.
thats a good sign but it could tank $80 in two nights if the US breaks that 88-89 mark which is not far off it at 87 now
i believe its because LGL is far behind NCM and has not risen so...
Add LGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.45 |
Change
0.000(0.00%) |
Mkt cap ! $176.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5663 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 14375 | 1 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| LGL (ASX) Chart |
Day chart unavailable