Dead cat bounce, based on wishful thinking. Even if financials are good the company has stated they will be acquire more assets over 2018-19, 2020 will be the telling year. LON are growing though buying assets, 2020 will be the year to see if they can grow though strong sales and expansion of those assets. This is a long hold but could be a gold mine just not now. Will buy in when it falls to 0.25-0.35 range. DYOR. This is just my opinion and not financial advice.
LON Price at posting:
58.5¢ Sentiment: None Disclosure: Not Held
