This week should be one of realisation..but only a few of us seem to have sene a 90% drop based on assumptions which may be out of whack with where LSL is..(see my email)...
Also..forgot to send you guys something else...will email tonight.
This week for me is getting positioned below 0.5-0.6 as much as I can and waiting till LSL take a grip and brings us back to normal trading range of 1.5-1.8.
I reckon once we hit 1 cent...some will be cashing in...but the way I see it...there is another 50% profit just from 1 cent to get to where we were before LSL got caught up in the Chimara confusion.
Pity about the LSL PR...but talking to them they cant believe someone ran the price down so far. Funny days on the ASX.
Good luck all.
LSL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held