LGL
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0.86% $1.74 lynch group holdings limited

The media loves to talk about LGL as a takeover. For some...

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  1. allahood
    181 Posts.
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    02/03/10
    23:56
    Post #: 6397645
    The media loves to talk about LGL as a takeover. For some strange reason commentators consider Lihir as attractive because of the half decent production and reserve figures. However they conveniently glaze over the tremendous political risk that comes with LGL and it's PNG and african operations. Large gold companies have enough to worry about without adding to their own risks substantially. A takeover may happen, but only if the share price falls below what you and I consider fair value.
    LGL Price at posting: $2.78 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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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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