LNY 0.00% 0.6¢ laneway resources ltd

Good one Cudeco1.  Nice to see this morning's trading with your...

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  1. 13,065 Posts.
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    Good one Cudeco1.  Nice to see this morning's trading with your close going through and then a solid pick up when market went to .004 Buyer .005 seller and all .005s cleared very quickly, followed up with a bid @ .006 that went through @ .0055.   I know that it's still very early days but I'm pretty happy to have said yesterday that we might be seeing the beginning of the end of the big dumpers.  Still a couple in at .006 and .007, but, at least we know that they are there, it's what's left in the woodwork that is what we don't know, but, IMO, so far so good.
    In any case, Licence doesn't start until 1 March and the road out of Georgetown has this RACQ report " Road closed to all traffic Both directions Long delays expected Use alternative route Last updated Thu, 21 Feb 2019 7:16 am".
    IMO, plenty of time for market to settle down with "normal" trading based on what LNY is doing, I'm, frankly, glad that we have sen this dump before work commences because there was never a doubt that we would have that dump the way the whole thing has been "managed" and some pretty shocking "value" posts on HC on top of the 3B debacle.
    In the meantime, back to"hold" with only sellers @ .006.

 
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