To an extent, true. What was conveyed in the AGM was the SHs displeasure towards (largely) the performance renumeration and termination packages for the BoD. Those issues was resolved in the AGM in an appropriate manner. I would submit those issues were not operational in nature, but likely became a lightning rod to convey certain other frustrations (perceived delays and transparency issues) of shareholders.
Ultimately, investor and traders alike (at least reasonably savvy ones), will not risk their hard earnt capital on a lost cause. To that end, as noted on a post above, even the most ardent critics of LRV still claim to hold LRV. And this is a key point - if one is so well informed as to the plight LRV, which they claim to be negative, on what basis would they justify holding stock? Conversely, if they are done with LRV (and sold their stock), on what basis would they justify spending time commenting on a lost cause?
I get the sentiment argument.. but even within this forum, the sentiment has not cleanly aligned with LRV positions held (at least with those with negative sentiment); this suggests a disparity between current sentiment and long term price action expectations (at least for investors)
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To an extent, true. What was conveyed in the AGM was the SHs...
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Last
59.5¢ |
Change
-0.025(4.03%) |
Mkt cap ! $245.3M |
Open | High | Low | Value | Volume |
61.0¢ | 61.5¢ | 58.5¢ | $1.906M | 3.206M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 429140 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.5¢ | 117880 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 429140 | 0.590 |
8 | 148513 | 0.585 |
20 | 240471 | 0.580 |
1 | 14000 | 0.575 |
5 | 36100 | 0.570 |
Price($) | Vol. | No. |
---|---|---|
0.595 | 117880 | 3 |
0.600 | 146867 | 6 |
0.605 | 37836 | 2 |
0.610 | 3751 | 1 |
0.615 | 13445 | 1 |
Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
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