LOT 0.00% 26.0¢ lotus resources limited

I profit took some peaking gold stock & bought into LOT today....

  1. 581 Posts.
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    I profit took some peaking gold stock & bought into LOT today. I'm either missing something crucial (& bought a falling dagger) or have bought a bargain. Looks like a great company, heaps of cash (30 Sept, cash on hand $25.5 mill, excluisve of the restricted cash of $15.5 mill held as part of the enviro bond), good level of geographical hedging against Aus inflation, pivoting to positive profits of AUD52m in 2025, most favorable resource product demand in decades. Why this thing is not pushing the upper limits towards $1 is beyond me.

    Good luck to all holders.


 
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27.0¢ 27.5¢ 23.0¢ $4.923M 19.79M

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39 676310 25.5¢
 

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26.0¢ 119707 29
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Last trade - 15.28pm 31/07/2024 (20 minute delay) ?
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