LRL 3.85% 25.0¢ labyrinth resources limited

oscarone,This stock is one that will soar when they get their...

  1. 2,352 Posts.
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    oscarone,
    This stock is one that will soar when they get their hands on a Mongolian or Chinese coal asset.
    There is no doubt in my mind that they will .It is only a matter of time.Unfortunately for the traders the management are very conservative and have high financial hurdles for prospective projects to jump.
    The Chinese advisors they recently appointed will ensure a good outcome once it happens.
    In any case the cash backing should now be about 24 cents so there is really no downside for a long term investor.
    I suspect the recent action is related to a prospective project alluded to in the last quarterly.
    Fingers crossed
 
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(20min delay)
Last
25.0¢
Change
-0.010(3.85%)
Mkt cap ! $30.43M
Open High Low Value Volume
25.5¢ 25.5¢ 24.3¢ $16.6K 66.24K

Buyers (Bids)

No. Vol. Price($)
1 20400 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 39614 1
Last trade - 15.53pm 15/11/2024 (20 minute delay) ?
LRL (ASX) Chart
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