LRS 2.63% 19.5¢ latin resources limited

Running Commentary On The Share Price, page-68

  1. 909 Posts.
    lightbulb Created with Sketch. 38
    Well my reasoning is that the sp is up only a pip shy of a 500% gain in less than 3 months on no substantial news. And a a 45% gain in the last two days.
    This can’t continue for ever, either there is a leaky ship and we are getting an announcement tomorrow or Friday in which case I think the gain from the Ann is going to pretty much already factored into the sp.
    Or, CG and the gang will do what they have done for the longest time and take an extra few months to deliver the Ann’s on JV, offtake deals, and drilling Maria.
    Either of these will result in a retrace to around 1.2-1.4 in my opinion.

    So, I saw taking my profit as the best option today. This isn’t to say I won’t eat my words tomorrow but I like to take a defensive approach to profits.
    Each to their own opinion and GLTAH
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
0.005(2.63%)
Mkt cap ! $560.2M
Open High Low Value Volume
19.0¢ 19.8¢ 18.8¢ $3.132M 16.24M

Buyers (Bids)

No. Vol. Price($)
14 865832 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 1870472 15
View Market Depth
Last trade - 13.45pm 07/11/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.