firstly it was a red day for most sectors with lots of selling...

firstly it was a red day for most sectors with lots of selling pressure we only dropped a pip so its not the end of the world.

one thing I did notice which I liked a lot was as soon as there was selling into 0.009 at the exact same time there was buying of the options at 0.004 at 1.30pm, same thing happened again 2.42 pm. where 4 million options were picked up. to me that is a sign of games from big hands and confidence in the SP moving up, otherwise you would think selling into 9 on the heads would lead to selling into 3 on the options.

secondary if you look at LRS trade history you will see the massive volume days on the 9/11/2017 and
10/11/2017 and 23/11/2017 the majority of trade was done between the SP of 0.007 and 0.009/10
given that I would think 0.008 should provide pretty good support level, it bounced off that well today with buying into close.

I don't think its a P and D event, the massive buys we have all seen are not just at random for a random stock, there is a reason for it, the buying has been on merit of a clear leak of information that has gotten out from management, and CG himself has confirmed this in the price query.

also noticed there was a single massive buyer today for 15 million shares at 0.009 that I think went thru.
will take a bit of patience here but I don't think these big buyers will want there cash tied up too long waiting for management, I would say they know a lot that we here do not imo.

yes the last year was a bad one at LRS but it does not mean the next one will be
if you look back at SYA it was in down trend the whole year from 3.7c to its low of 1c.
now its at 5c with a peak of 6c.