Not too much to worry about from my perspective. It might go down but volume is basically zero. A few hundred bucks in shares here and there do not make a sustained downtrend. Its pretty clear from the lack of volume that there's not much to sell at these levels. EOFY is done, and unless its a handily clever manipulation from LG, its only small fry punters trying to make (or lose) brokerage.
If you've held this long (like me) then don't let $400 bucks at 0.006 trigger your sells. I've said some time back that I actually like what LG are doing - they at least have a strategic plan. Its a toss between patience and loss. I vote patience. But each to their own.
Its easy to get focussed on technical price at the moment. Its their play. But I just keep reading the reports over the past twelve months. And I like the grades, depth, breadth and prosperity. I'll sell one day, no doubt, but I'm not too worried any more if its LG or SBL shares, and I won't sell them for nothing unless we hit compulsory. Then its just another lesson learned!!
Keep those posts coming on BSM and other moves ... quiet here on the old SB thread ...
COLCOM
Not too much to worry about from my perspective. It might go...
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