LGL
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0.86% $1.74 lynch group holdings limited

hope we have another great run like normandy, page-2

  1. siameseparrot
    24,765 Posts.
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    01/04/10
    11:46
    Post #: 6525087
    You used the example of Normandy Mining which increased about 250%:

    "before takeover trading at 80c
    1st offer price at $1.25
    Final takeover price at $2.75"

    Just imagine what the LGL share price could be at US$1500 gold. US$2000 gold. US$5000 gold which is still significantly below the 1980 spike high for gold when correctly adjusted for 30 years of inflation.

    Dare I suggest that if LGL was allowed to go about its business in this gold bull the price will increase by multiples of 250%.


    LGL Price at posting: $3.94 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
$1.74 		Change
-0.015(0.86%) 		Mkt cap ! $172.7M
Open High Low Value Volume
$1.77 $1.77 $1.74 $12 7

Buyers (Bids)

No. Vol. Price($)
1 1000 $1.72
 

Sellers (Offers)

Price($) Vol. No.
$1.75 336 1
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
LGL (ASX) Chart
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