LRV larvotto resources limited

No upramping and downramping will work here here guys - whether...

  1. vmp
    14,463 Posts.
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    No upramping and downramping will work here here guys - whether you’re a ceo or nobody, what you say will not make a difference to the shareprice.


    This is my analysis.

    LRV needs to fund the $139m capex via debt/equity.

    both banks and brokers are known for what they are


    This is likely the last time the brokers can pounce on the weak LRV. It’s their last chance and they’ll get their shares at the lowest price possible- low 50’s I won’t even discount high 40’s


    Once the funding is sorted, there is no need to ramp, it will naturally and gradually rise relative to hype and real progression of the project


    of course I don’t know where the sp is going. I just read that this is what the bankers and brokers will do. They’ll raid the register. No mercy
    Last edited by vmp: 02/06/25
 
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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
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Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
LRV (ASX) Chart
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