oscar have watched this stock for several years now.. IMO it will struggle to break 20c until the deal is definitely secured. That is why trades dried up toward the end of the day.. People are reluctant to go anywhere past cash backing on this one since they have talked about deals for over three years now.. I think i held this stock back when it was in the mid 20s in 2010.
Well done to those who got in at 17c you have locked in a minimum 15% profit with a good possibility of it being more if this deal comes through
LRL Price at posting:
19.5¢ Sentiment: Buy Disclosure: Not Held
