Chimera got sent to the dogs and ANZ ended up with a lot of shares in a company whose track record actuyally shines year after year.
Its a nice position to be in for us holding and buying at these prices.
There is one thing I know...LSL is now on many radars.
Its on the top most traded volume shares..positon 4th today and the 8th most up shares out of 3500 companys on the ASX today.
Good volume. Good rise. However.where was and and why did it fall. Confusion and assumptions.
Now we march back up.
Some want it at 0.2 and 0.3 still.
Some broke the trend and got in cheapely at 0.4.
I reckon we are looking at putting on minimum 0.2 cent a day...by friday I reckon we might be seeing 1.1 or 1.3 cents..but we should have a very solid base at 1 cent.
That said though...on talking to the company..they seme quite disgusted at being at this point. The company actually does quite well and pays dividends.
Anything below say 1.3 is a bragin in my opinion..however..with some good news soon...we might revisting some new 6 month highs around 2-3 cents.
I dont care..but not interested in sharing info then seeing those people downramp to get in cheap.
You have the info...play fair.
LSL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held